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112 Nesting Ln, Raeford, NC 28376

3 beds • 2 baths • 2019 sqft

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This property looks like a bad Airbnb investment with a projected -3.23% first-year return on $80,517 initial cash invested.

-3.23%

Cash On Cash

5.75%

Cap Rate

0.94

DSCR

$3,004

Rent

-$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $3,221 expenses = $217 out of pocket

Income$3,004Out of Pocket$217Mortgage P&I$1,52351%Property Taxes$1515%Insurance$1053%Management$45115%CapEx$1204%Maintenance$1204%Other$75125%

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,517

Downpayment

20%

$59,540

Closing costs

1%

$2,977

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,004

Total Expenses

$3,221

Mortgage P&I

51%

$1,523

Property Taxes

5%

$151

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$751

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