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106 Allison Way, Cary, NC 27511

3 beds • 2 baths • 1302 sqft

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This property looks like a bad Airbnb investment with a projected -13.46% first-year return on $116k initial cash invested.

-13.46%

Cash On Cash

2.92%

Cap Rate

0.49

DSCR

$2,918

Rent

-$1,298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,918 income − $4,216 expenses = $1,298 out of pocket

Income$2,918Out of Pocket$1,298Mortgage P&I$2,31479%Property Taxes$30410%Insurance$1666%HOA$301%Management$43815%CapEx$1174%Maintenance$1174%Other$73025%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,080

Closing costs

1%

$4,654

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,918

Total Expenses

$4,216

Mortgage P&I

79%

$2,314

Property Taxes

10%

$304

Home Insurance

6%

$166

HOA

1%

$30

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

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