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16 Hobe Crst, Hendersonville, NC 28792

3 beds • 4 baths • 2944 sqft

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This property looks like a bad Airbnb investment with a projected -8.32% first-year return on $146k initial cash invested.

-8.32%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$4,999

Rent

-$1,010

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,999 income − $6,009 expenses = $1,010 out of pocket

Income$4,999Out of Pocket$1,010Mortgage P&I$3,10062%Property Taxes$2074%Insurance$2204%HOA$822%Management$75015%CapEx$2004%Maintenance$2004%Other$1,25025%

Investment Breakdown

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Purchase Price

$608k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,082

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,999

Total Expenses

$6,009

Mortgage P&I

62%

$3,100

Property Taxes

4%

$207

Home Insurance

4%

$220

HOA

2%

$82

Property Management

15%

$750

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,250

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