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214 Derby Park Avenue, New Bern, NC 28562

3 beds • 2 baths • 1270 sqft

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This property looks like a bad Airbnb investment with a projected -1.59% first-year return on $72,663 initial cash invested.

-1.59%

Cash On Cash

6%

Cap Rate

1.01

DSCR

$2,790

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,663

Downpayment

20%

$52,060

Closing costs

1%

$2,603

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$2,886

Mortgage P&I

46%

$1,285

Property Taxes

5%

$145

Home Insurance

3%

$91

HOA

1%

$25

Property Management

15%

$418

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$698

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