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151 Mayor Ct, Raeford, NC 28376

3 beds • 2 baths • 1452 sqft

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This property looks like a bad Airbnb investment with a projected -5.72% first-year return on $72,201 initial cash invested.

-5.72%

Cash On Cash

4.82%

Cap Rate

0.8

DSCR

$2,184

Rent

-$344

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,528 expenses = $344 out of pocket

Income$2,184Out of Pocket$344Mortgage P&I$1,29359%Property Taxes$964%Insurance$914%Management$32815%CapEx$874%Maintenance$874%Other$54625%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,201

Downpayment

20%

$51,620

Closing costs

1%

$2,581

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,184

Total Expenses

$2,528

Mortgage P&I

59%

$1,293

Property Taxes

4%

$96

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

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