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121 Colquitt Drive, Wilmington, NC 28412

3 beds • 3 baths • 2698 sqft

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This property looks like a bad Airbnb investment with a projected -14.29% first-year return on $146k initial cash invested.

-14.29%

Cash On Cash

2.66%

Cap Rate

0.46

DSCR

$3,130

Rent

-$1,740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$610k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,101

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,130

Total Expenses

$4,870

Mortgage P&I

95%

$2,969

Property Taxes

5%

$165

Home Insurance

7%

$219

HOA

0%

$15

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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