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1331 Washington Acres Road, Hampstead, NC 28443

3 beds • 3 baths • 2260 sqft

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This property looks like a bad Airbnb investment with a projected -10.62% first-year return on $117k initial cash invested.

-10.62%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$3,241

Rent

-$1,037

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,241 income − $4,278 expenses = $1,037 out of pocket

Income$3,241Out of Pocket$1,037Mortgage P&I$2,34772%Property Taxes$2117%Insurance$1645%Management$48615%CapEx$1304%Maintenance$1304%Other$81025%

Investment Breakdown

|

Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,440

Closing costs

1%

$4,722

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,241

Total Expenses

$4,278

Mortgage P&I

72%

$2,347

Property Taxes

7%

$211

Home Insurance

5%

$164

HOA

0%

$0

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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