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208 Hickory Glen Ln, Holly Springs, NC 27540

3 beds • 2 baths • 1841 sqft

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This property looks like a bad Airbnb investment with a projected -11.92% first-year return on $109k initial cash invested.

-11.92%

Cash On Cash

3.5%

Cap Rate

0.57

DSCR

$3,169

Rent

-$1,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,169 income − $4,255 expenses = $1,086 out of pocket

Income$3,169Out of Pocket$1,086Mortgage P&I$2,22670%Property Taxes$2909%Insurance$1525%HOA$662%Management$47515%CapEx$1274%Maintenance$1274%Other$79225%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,169

Total Expenses

$4,255

Mortgage P&I

70%

$2,226

Property Taxes

9%

$290

Home Insurance

5%

$152

HOA

2%

$66

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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