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1303 Franklin Court, Goldsboro, NC 27530

3 beds • 2 baths • 1057 sqft

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This property looks like a bad Airbnb investment with a projected -3.28% first-year return on $56,283 initial cash invested.

-3.28%

Cash On Cash

6.17%

Cap Rate

0.93

DSCR

$2,108

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,108 income − $2,262 expenses = $154 out of pocket

Income$2,108Out of Pocket$154Mortgage P&I$1,00748%Property Taxes$1798%Insurance$653%Management$31615%CapEx$844%Maintenance$844%Other$52725%

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,283

Downpayment

20%

$36,460

Closing costs

1%

$1,823

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,108

Total Expenses

$2,262

Mortgage P&I

48%

$1,007

Property Taxes

8%

$179

Home Insurance

3%

$65

HOA

0%

$0

Property Management

15%

$316

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$527

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