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111 Morning Sun Dr, Louisburg, NC 27549

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Airbnb investment with a projected -13.56% first-year return on $91,500 initial cash invested.

-13.56%

Cash On Cash

2.67%

Cap Rate

0.45

DSCR

$2,091

Rent

-$1,034

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,091 income − $3,125 expenses = $1,034 out of pocket

Income$2,091Out of Pocket$1,034Mortgage P&I$1,73083%Property Taxes$1638%Insurance$1226%HOA$1055%Management$31415%CapEx$844%Maintenance$844%Other$52325%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,091

Total Expenses

$3,125

Mortgage P&I

83%

$1,730

Property Taxes

8%

$163

Home Insurance

6%

$122

HOA

5%

$105

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$523

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