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111 Arabesque Way, Lake Lure, NC 28746

3 beds • 3 baths • 3898 sqft

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This property looks like a bad Airbnb investment with a projected -24.06% first-year return on $206k initial cash invested.

-24.06%

Cash On Cash

0.4%

Cap Rate

0.07

DSCR

$2,037

Rent

-$4,130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$895k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,037

Total Expenses

$6,167

Mortgage P&I

213%

$4,346

Property Taxes

24%

$485

Home Insurance

15%

$313

HOA

2%

$46

Property Management

15%

$306

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$509

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