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1113 Clematis St, Knightdale, NC 27545

3 beds • 3 baths • 2337 sqft

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This property looks like a bad Airbnb investment with a projected -17.76% first-year return on $118k initial cash invested.

-17.76%

Cash On Cash

1.69%

Cap Rate

0.29

DSCR

$2,189

Rent

-$1,741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,189 income − $3,930 expenses = $1,741 out of pocket

Income$2,189Out of Pocket$1,741Mortgage P&I$2,321106%Property Taxes$38017%Insurance$1708%HOA$8Management$32815%CapEx$884%Maintenance$884%Other$54725%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,900

Closing costs

1%

$4,745

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,189

Total Expenses

$3,930

Mortgage P&I

106%

$2,321

Property Taxes

17%

$380

Home Insurance

8%

$170

HOA

0%

$8

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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