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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 1.81% first-year return on $77,577 initial cash invested.

1.81%

Cash On Cash

6.89%

Cap Rate

1.18

DSCR

$3,221

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,221 income − $3,104 expenses = $117 cash flow

Income$3,221Mortgage P&I$1,38243%Property Taxes$361%Insurance$1404%Management$48315%CapEx$1294%Maintenance$1294%Other$80525%Cash Flow$117

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

$3,221

Total Expenses

$3,104

Mortgage P&I

43%

$1,382

Property Taxes

1%

$36

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$805

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