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144 Wolfridge Ct, Willow Spring, NC 27592

3 beds • 2 baths • 1819 sqft

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This property looks like a bad Airbnb investment with a projected -18.73% first-year return on $96,288 initial cash invested.

-18.73%

Cash On Cash

2.06%

Cap Rate

0.31

DSCR

$1,697

Rent

-$1,503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,697 income − $3,200 expenses = $1,503 out of pocket

Income$1,697Out of Pocket$1,503Mortgage P&I$2,076122%Property Taxes$17810%Insurance$1318%Management$25515%CapEx$684%Maintenance$684%Other$42425%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,288

Downpayment

20%

$74,560

Closing costs

1%

$3,728

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,697

Total Expenses

$3,200

Mortgage P&I

122%

$2,076

Property Taxes

10%

$178

Home Insurance

8%

$131

HOA

0%

$0

Property Management

15%

$255

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$424

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