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1134 Manchester Dr, Cary, NC 27511

3 beds • 3 baths • 2403 sqft

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This property looks like a bad Airbnb investment with a projected -7.32% first-year return on $149k initial cash invested.

-7.32%

Cash On Cash

4.48%

Cap Rate

0.77

DSCR

$5,180

Rent

-$911

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,180

Total Expenses

$6,091

Mortgage P&I

59%

$3,035

Property Taxes

7%

$351

Home Insurance

4%

$219

HOA

0%

$0

Property Management

15%

$777

CapEx

4%

$207

Vacancy

0%

$0

Maintenance

4%

$207

Other

25%

$1,295

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