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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 -14.63% first-year return on $125k initial cash invested.

-14.63%

Cash On Cash

2.62%

Cap Rate

0.44

DSCR

$2,854

Rent

-$1,522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,854 income − $4,376 expenses = $1,522 out of pocket

Income$2,854Out of Pocket$1,522Mortgage P&I$2,51788%Property Taxes$2107%Insurance$1756%HOA$1044%Management$42815%CapEx$1144%Maintenance$1144%Other$71425%

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

$2,854

Total Expenses

$4,376

Mortgage P&I

88%

$2,517

Property Taxes

7%

$210

Home Insurance

6%

$175

HOA

4%

$104

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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