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116 Nicklaus Dr, Garner, NC 27529

3 beds • 2 baths • 1916 sqft

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This property looks like a bad Airbnb investment with a projected -16.69% first-year return on $76,443 initial cash invested.

-16.69%

Cash On Cash

1.54%

Cap Rate

0.26

DSCR

$1,060

Rent

-$1,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,060 income − $2,123 expenses = $1,063 out of pocket

Income$1,060Out of Pocket$1,063Mortgage P&I$1,377130%Property Taxes$13713%Insurance$10110%Management$15915%CapEx$424%Maintenance$424%Other$26525%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,443

Downpayment

20%

$55,660

Closing costs

1%

$2,783

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,060

Total Expenses

$2,123

Mortgage P&I

130%

$1,377

Property Taxes

13%

$137

Home Insurance

10%

$101

HOA

0%

$0

Property Management

15%

$159

CapEx

4%

$42

Vacancy

0%

$0

Maintenance

4%

$42

Other

25%

$265

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