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15032 Westerfield Rd, Wake Forest, NC 27587

3 beds • 4 baths • 3444 sqft

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This property looks like a bad Airbnb investment with a projected -17.33% first-year return on $213k initial cash invested.

-17.33%

Cash On Cash

2.05%

Cap Rate

0.35

DSCR

$4,142

Rent

-$3,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$929k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$213k

Downpayment

20%

$186k

Closing costs

1%

$9,290

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,142

Total Expenses

$7,219

Mortgage P&I

109%

$4,497

Property Taxes

9%

$357

Home Insurance

8%

$332

HOA

1%

$44

Property Management

15%

$621

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,036

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