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111 Marcil Lane, Hampstead, NC 28443

3 beds • 2 baths • 1070 sqft

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This property looks like a bad Airbnb investment with a projected -13.37% first-year return on $81,315 initial cash invested.

-13.37%

Cash On Cash

2.83%

Cap Rate

0.46

DSCR

$1,697

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,697 income − $2,603 expenses = $906 out of pocket

Income$1,697Out of Pocket$906Mortgage P&I$1,54991%Property Taxes$1237%Insurance$1167%Management$25515%CapEx$684%Maintenance$684%Other$42425%

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,315

Downpayment

20%

$60,300

Closing costs

1%

$3,015

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,697

Total Expenses

$2,603

Mortgage P&I

91%

$1,549

Property Taxes

7%

$123

Home Insurance

7%

$116

HOA

0%

$0

Property Management

15%

$255

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$424

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