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110 Chetan Way, Lake Lure, NC 28746

3 beds • 3 baths • 2585 sqft

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This property looks like a bad Airbnb investment with a projected -24.23% first-year return on $197k initial cash invested.

-24.23%

Cash On Cash

0.32%

Cap Rate

0.05

DSCR

$2,493

Rent

-$3,967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,493

Total Expenses

$6,460

Mortgage P&I

164%

$4,091

Property Taxes

18%

$460

Home Insurance

12%

$298

HOA

17%

$414

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$623

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