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130 Cliffside Drive, Wilmington, NC 28409

3 beds • 4 baths • 2465 sqft

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This property looks like a bad Airbnb investment with a projected -12.85% first-year return on $131k initial cash invested.

-12.85%

Cash On Cash

3.05%

Cap Rate

0.52

DSCR

$3,241

Rent

-$1,404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,388

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,241

Total Expenses

$4,645

Mortgage P&I

82%

$2,643

Property Taxes

8%

$245

Home Insurance

6%

$201

HOA

0%

$0

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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