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2105 Broad Plum Ln, Indian Trail, NC 28079

3 beds • 2 baths • 1947 sqft

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This property looks like a bad Airbnb investment with a projected -12.31% first-year return on $108k initial cash invested.

-12.31%

Cash On Cash

3.03%

Cap Rate

0.52

DSCR

$2,685

Rent

-$1,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,685 income − $3,788 expenses = $1,103 out of pocket

Income$2,685Out of Pocket$1,103Mortgage P&I$2,07477%Property Taxes$2198%Insurance$1526%HOA$552%Management$40315%CapEx$1074%Maintenance$1074%Other$67125%

Investment Breakdown

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Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,280

Closing costs

1%

$4,264

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,685

Total Expenses

$3,788

Mortgage P&I

77%

$2,074

Property Taxes

8%

$219

Home Insurance

6%

$152

HOA

2%

$55

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$671

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