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117 Penicillin Point, Troutman, NC 28166

3 beds • 3 baths • 2248 sqft

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This property looks like a bad Airbnb investment with a projected -11.67% first-year return on $129k initial cash invested.

-11.67%

Cash On Cash

3.53%

Cap Rate

0.58

DSCR

$3,539

Rent

-$1,259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,539 income − $4,798 expenses = $1,259 out of pocket

Income$3,539Out of Pocket$1,259Mortgage P&I$2,67976%Property Taxes$2276%Insurance$1925%Management$53115%CapEx$1424%Maintenance$1424%Other$88525%

Investment Breakdown

|

Purchase Price

$531k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,308

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,539

Total Expenses

$4,798

Mortgage P&I

76%

$2,679

Property Taxes

6%

$227

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$531

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$885

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