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211 Stony Branch Road, New Bern, NC 28562

3 beds • 2 baths • 2793 sqft

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This property looks like a bad Airbnb investment with a projected -17.26% first-year return on $143k initial cash invested.

-17.26%

Cash On Cash

1.88%

Cap Rate

0.32

DSCR

$2,325

Rent

-$2,056

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,325

Total Expenses

$4,381

Mortgage P&I

125%

$2,896

Property Taxes

7%

$161

Home Insurance

9%

$208

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

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