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115 Persimmon Hill Rd, Pittsboro, NC 27312

3 beds • 3 baths • 2574 sqft

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This property looks like a bad Airbnb investment with a projected -10.22% first-year return on $206k initial cash invested.

-10.22%

Cash On Cash

3.83%

Cap Rate

0.66

DSCR

$6,397

Rent

-$1,757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,397 income − $8,154 expenses = $1,757 out of pocket

Income$6,397Out of Pocket$1,757Mortgage P&I$4,36568%Property Taxes$4046%Insurance$3145%Management$96015%CapEx$2564%Maintenance$2564%Other$1,59925%

Investment Breakdown

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Purchase Price

$897k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,970

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,397

Total Expenses

$8,154

Mortgage P&I

68%

$4,365

Property Taxes

6%

$404

Home Insurance

5%

$314

HOA

0%

$0

Property Management

15%

$960

CapEx

4%

$256

Vacancy

0%

$0

Maintenance

4%

$256

Other

25%

$1,599

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