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2086 Warrior Fork Trl, Morganton, NC 28655

3 beds • 4 baths • 3119 sqft

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This property looks like a bad Airbnb investment with a projected -21.46% first-year return on $167k initial cash invested.

-21.46%

Cash On Cash

1.05%

Cap Rate

0.18

DSCR

$2,304

Rent

-$2,992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $5,296 expenses = $2,992 out of pocket

Income$2,304Out of Pocket$2,992Mortgage P&I$3,522153%Property Taxes$40618%Insurance$26211%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

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Purchase Price

$711k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$142k

Closing costs

1%

$7,109

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,304

Total Expenses

$5,296

Mortgage P&I

153%

$3,522

Property Taxes

18%

$406

Home Insurance

11%

$262

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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