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116 Hogan Dr, Garner, NC 27529

3 beds • 2 baths • 1755 sqft

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This property looks like a bad Airbnb investment with a projected -11.69% first-year return on $86,250 initial cash invested.

-11.69%

Cash On Cash

3.21%

Cap Rate

0.53

DSCR

$2,054

Rent

-$840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,054 income − $2,894 expenses = $840 out of pocket

Income$2,054Out of Pocket$840Mortgage P&I$1,62779%Property Taxes$1678%Insurance$1146%Management$30815%CapEx$824%Maintenance$824%Other$51425%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,054

Total Expenses

$2,894

Mortgage P&I

79%

$1,627

Property Taxes

8%

$167

Home Insurance

6%

$114

HOA

0%

$0

Property Management

15%

$308

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$514

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