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152 Worley Cove Rd, Leicester, NC 28748

3 beds • 3 baths • 3376 sqft

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This property looks like a bad Airbnb investment with a projected -13.07% first-year return on $142k initial cash invested.

-13.07%

Cash On Cash

3.14%

Cap Rate

0.52

DSCR

$3,623

Rent

-$1,548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,623 income − $5,171 expenses = $1,548 out of pocket

Income$3,623Out of Pocket$1,548Mortgage P&I$2,94881%Property Taxes$2567%Insurance$2286%Management$54315%CapEx$1454%Maintenance$1454%Other$90625%

Investment Breakdown

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Purchase Price

$591k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,911

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,623

Total Expenses

$5,171

Mortgage P&I

81%

$2,948

Property Taxes

7%

$256

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$543

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$906

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