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1120 Scutter Ln, Franklin, NC 28734

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -23.01% first-year return on $184k initial cash invested.

-23.01%

Cash On Cash

0.67%

Cap Rate

0.11

DSCR

$1,599

Rent

-$3,521

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,599 income − $5,120 expenses = $3,521 out of pocket

Income$1,599Out of Pocket$3,521Mortgage P&I$3,900244%Property Taxes$15510%Insurance$29719%Management$24015%CapEx$644%Maintenance$644%Other$40025%

Investment Breakdown

|

Purchase Price

$789k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$158k

Closing costs

1%

$7,888

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,599

Total Expenses

$5,120

Mortgage P&I

244%

$3,900

Property Taxes

10%

$155

Home Insurance

19%

$297

HOA

0%

$0

Property Management

15%

$240

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$400

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