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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 -3.2% first-year return on $85,431 initial cash invested.

-3.2%

Cash On Cash

5.64%

Cap Rate

0.94

DSCR

$3,218

Rent

-$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,218 income − $3,446 expenses = $228 out of pocket

Income$3,218Out of Pocket$228Mortgage P&I$1,60750%Property Taxes$1826%Insurance$1123%Management$48315%CapEx$1294%Maintenance$1294%Other$80425%

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

$3,218

Total Expenses

$3,446

Mortgage P&I

50%

$1,607

Property Taxes

6%

$182

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$804

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