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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 -12.95% first-year return on $180k initial cash invested.

-12.95%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$4,825

Rent

-$1,942

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,825 income − $6,767 expenses = $1,942 out of pocket

Income$4,825Out of Pocket$1,942Mortgage P&I$3,84280%Property Taxes$3197%Insurance$2806%HOA$10Management$72415%CapEx$1934%Maintenance$1934%Other$1,20625%

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

$4,825

Total Expenses

$6,767

Mortgage P&I

80%

$3,842

Property Taxes

7%

$319

Home Insurance

6%

$280

HOA

0%

$10

Property Management

15%

$724

CapEx

4%

$193

Vacancy

0%

$0

Maintenance

4%

$193

Other

25%

$1,206

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