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116 Winterfield Dr, Raeford, NC 28376

3 beds • 2 baths • 1720 sqft

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This property looks like a bad Airbnb investment with a projected -9.5% first-year return on $74,133 initial cash invested.

-9.5%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$1,852

Rent

-$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,852 income − $2,439 expenses = $587 out of pocket

Income$1,852Out of Pocket$587Mortgage P&I$1,32972%Property Taxes$1277%Insurance$945%Management$27815%CapEx$744%Maintenance$744%Other$46325%

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,133

Downpayment

20%

$53,460

Closing costs

1%

$2,673

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,852

Total Expenses

$2,439

Mortgage P&I

72%

$1,329

Property Taxes

7%

$127

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$463

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