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174 Water Wood Ct, Raeford, NC 28376

3 beds • 2 baths • 2156 sqft

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This property looks like a bad Airbnb investment with a projected -11.78% first-year return on $85,431 initial cash invested.

-11.78%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$2,043

Rent

-$839

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,043 income − $2,882 expenses = $839 out of pocket

Income$2,043Out of Pocket$839Mortgage P&I$1,60779%Property Taxes$1829%Insurance$1125%Management$30615%CapEx$824%Maintenance$824%Other$51125%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,431

Downpayment

20%

$64,220

Closing costs

1%

$3,211

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,043

Total Expenses

$2,882

Mortgage P&I

79%

$1,607

Property Taxes

9%

$182

Home Insurance

5%

$112

HOA

0%

$0

Property Management

15%

$306

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

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