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216 Cobblestone Dr, Chapel Hill, NC 27516

4 beds • 4 baths • 3292 sqft

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This property looks like a bad Airbnb investment with a projected -13.44% first-year return on $197k initial cash invested.

-13.44%

Cash On Cash

2.93%

Cap Rate

0.5

DSCR

$5,620

Rent

-$2,205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$823k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$165k

Closing costs

1%

$8,230

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$5,620

Total Expenses

$7,825

Mortgage P&I

71%

$3,992

Property Taxes

15%

$831

Home Insurance

5%

$298

HOA

0%

$6

Property Management

15%

$843

CapEx

4%

$225

Vacancy

0%

$0

Maintenance

4%

$225

Other

25%

$1,405

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