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19 Neely Rd, Brevard, NC 28712

3 beds • 3 baths • 2314 sqft

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This property looks like a bad Airbnb investment with a projected -13.18% first-year return on $165k initial cash invested.

-13.18%

Cash On Cash

2.98%

Cap Rate

0.51

DSCR

$3,851

Rent

-$1,809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,851 income − $5,660 expenses = $1,809 out of pocket

Income$3,851Out of Pocket$1,809Mortgage P&I$3,39388%Property Taxes$1644%Insurance$2547%Management$57815%CapEx$1544%Maintenance$1544%Other$96325%

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,987

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,851

Total Expenses

$5,660

Mortgage P&I

88%

$3,393

Property Taxes

4%

$164

Home Insurance

7%

$254

HOA

0%

$0

Property Management

15%

$578

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$963

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