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127 Abercrombie Rd, Wake Forest, NC 27587

3 beds • 2 baths • 1330 sqft

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This property looks like a bad Airbnb investment with a projected -2.56% first-year return on $79,341 initial cash invested.

-2.56%

Cash On Cash

5.83%

Cap Rate

0.97

DSCR

$3,214

Rent

-$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,214 income − $3,383 expenses = $169 out of pocket

Income$3,214Out of Pocket$169Mortgage P&I$1,45845%Property Taxes$2769%Insurance$1053%Management$48215%CapEx$1294%Maintenance$1294%Other$80425%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,341

Downpayment

20%

$58,420

Closing costs

1%

$2,921

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$3,383

Mortgage P&I

45%

$1,458

Property Taxes

9%

$276

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$804

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