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215 Old Pros Way, Cary, NC 27513

3 beds • 3 baths • 3220 sqft

$1,295,000

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This property looks like a bad Airbnb investment with a projected -26.62% first-year return on $290k initial cash invested.

-26.62%

Cash On Cash

0.03%

Cap Rate

0

DSCR

$2,322

Rent

-$6,432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $8,754 expenses = $6,432 out of pocket

Income$2,322Out of Pocket$6,432Mortgage P&I$6,369274%Property Taxes$78034%Insurance$45320%HOA$382%Management$34815%CapEx$934%Maintenance$934%Other$58025%

Investment Breakdown

|

Purchase Price

$1295k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$290k

Downpayment

20%

$259k

Closing costs

1%

$12,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$8,754

Mortgage P&I

274%

$6,369

Property Taxes

34%

$780

Home Insurance

20%

$453

HOA

2%

$38

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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