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2 Birkdale Dr, Weaverville, NC 28787

3 beds • 3 baths • 3033 sqft

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This property looks like a bad Airbnb investment with a projected -10.81% first-year return on $180k initial cash invested.

-10.81%

Cash On Cash

3.8%

Cap Rate

0.63

DSCR

$5,444

Rent

-$1,621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,444 income − $7,065 expenses = $1,621 out of pocket

Income$5,444Out of Pocket$1,621Mortgage P&I$3,84271%Property Taxes$3196%Insurance$2805%HOA$10Management$81715%CapEx$2184%Maintenance$2184%Other$1,36125%

Investment Breakdown

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Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,711

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,444

Total Expenses

$7,065

Mortgage P&I

71%

$3,842

Property Taxes

6%

$319

Home Insurance

5%

$280

HOA

0%

$10

Property Management

15%

$817

CapEx

4%

$218

Vacancy

0%

$0

Maintenance

4%

$218

Other

25%

$1,361

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