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216 Paradise Falls Rd, Hendersonville, NC 28792

3 beds • 2 baths • 1787 sqft

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This property looks like a bad Airbnb investment with a projected -6.78% first-year return on $96,750 initial cash invested.

-6.78%

Cash On Cash

4.61%

Cap Rate

0.77

DSCR

$3,044

Rent

-$547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,044 income − $3,591 expenses = $547 out of pocket

Income$3,044Out of Pocket$547Mortgage P&I$1,86561%Property Taxes$1334%Insurance$1314%Management$45715%CapEx$1224%Maintenance$1224%Other$76125%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,044

Total Expenses

$3,591

Mortgage P&I

61%

$1,865

Property Taxes

4%

$133

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$761

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