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15 Winding Oak Dr, Arden, NC 28704

3 beds • 2 baths • 1420 sqft

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This property looks like a bad Airbnb investment with a projected -12.32% first-year return on $96,834 initial cash invested.

-12.32%

Cash On Cash

3.26%

Cap Rate

0.53

DSCR

$2,290

Rent

-$994

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,290 income − $3,284 expenses = $994 out of pocket

Income$2,290Out of Pocket$994Mortgage P&I$1,92184%Property Taxes$1296%Insurance$1266%HOA$8Management$34415%CapEx$924%Maintenance$924%Other$57225%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,834

Downpayment

20%

$75,080

Closing costs

1%

$3,754

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,290

Total Expenses

$3,284

Mortgage P&I

84%

$1,921

Property Taxes

6%

$129

Home Insurance

6%

$126

HOA

0%

$8

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$572

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