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1333 Pigeon Creek Rd, Bryson City, NC 28713

2 beds • 2 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -1.83% first-year return on $101k initial cash invested.

-1.83%

Cash On Cash

6.01%

Cap Rate

0.99

DSCR

$3,423

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,423 income − $3,577 expenses = $154 out of pocket

Income$3,423Out of Pocket$154Mortgage P&I$2,14263%Property Taxes$953%Insurance$1575%HOA$532%CapEx$1374%Maintenance$1374%Other$85625%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$84,900

Closing costs

1%

$4,245

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$3,423

Total Expenses

$3,577

Mortgage P&I

63%

$2,142

Property Taxes

3%

$95

Home Insurance

5%

$157

HOA

2%

$53

Property Management

0%

$0

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$856

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Baths

Distance

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2

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0.47 mi

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2

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4

2

1.3 mi

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2

1

0.9 mi

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5

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0.6 mi

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2

1

0.9 mi

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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