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119 Olde Oak Way, Hendersonville, NC 28792

3 beds • 3 baths • 1672 sqft

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This property looks like a bad Airbnb investment with a projected -15.07% first-year return on $125k initial cash invested.

-15.07%

Cash On Cash

2.5%

Cap Rate

0.42

DSCR

$2,768

Rent

-$1,567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,768 income − $4,335 expenses = $1,567 out of pocket

Income$2,768Out of Pocket$1,567Mortgage P&I$2,51791%Property Taxes$2108%Insurance$1756%HOA$1044%Management$41515%CapEx$1114%Maintenance$1114%Other$69225%

Investment Breakdown

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Purchase Price

$509k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,086

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,768

Total Expenses

$4,335

Mortgage P&I

91%

$2,517

Property Taxes

8%

$210

Home Insurance

6%

$175

HOA

4%

$104

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$692

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