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1663 Hayes Rd, Creedmoor, NC 27522

3 beds • 5 baths • 3335 sqft

$1,195,200

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This property looks like a bad Airbnb investment with a projected -27.67% first-year return on $269k initial cash invested.

-27.67%

Cash On Cash

-0.09%

Cap Rate

-0.01

DSCR

$1,250

Rent

-$6,203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,250 income − $7,453 expenses = $6,203 out of pocket

Income$1,250Out of Pocket$6,203Mortgage P&I$6,068485%Property Taxes$33727%Insurance$44836%Management$18815%CapEx$504%Maintenance$504%Other$31225%

Investment Breakdown

|

Purchase Price

$1195k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$269k

Downpayment

20%

$239k

Closing costs

1%

$11,952

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,250

Total Expenses

$7,453

Mortgage P&I

485%

$6,068

Property Taxes

27%

$337

Home Insurance

36%

$448

HOA

0%

$0

Property Management

15%

$188

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$312

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