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1426 Rainbow Trail, Boone, NC 28607

3 beds • 2 baths • 1200 sqft

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This property might be a fair Airbnb investment with a projected 0.26% first-year return on $77,577 initial cash invested.

0.26%

Cash On Cash

6.43%

Cap Rate

1.1

DSCR

$3,028

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,028 income − $3,011 expenses = $17 cash flow

Income$3,028Mortgage P&I$1,38246%Property Taxes$361%Insurance$1405%Management$45415%CapEx$1214%Maintenance$1214%Other$75725%Cash Flow$17

Investment Breakdown

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Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,577

Downpayment

20%

$56,740

Closing costs

1%

$2,837

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,028

Total Expenses

$3,011

Mortgage P&I

46%

$1,382

Property Taxes

1%

$36

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$757

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