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22 Wild Violet Ln, Arden, NC 28704

3 beds • 2 baths • 2223 sqft

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This property looks like a bad Airbnb investment with a projected -20.02% first-year return on $153k initial cash invested.

-20.02%

Cash On Cash

1.54%

Cap Rate

0.25

DSCR

$2,364

Rent

-$2,554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,364 income − $4,918 expenses = $2,554 out of pocket

Income$2,364Out of Pocket$2,554Mortgage P&I$3,282139%Property Taxes$27111%Insurance$22910%Management$35515%CapEx$954%Maintenance$954%Other$59125%

Investment Breakdown

|

Purchase Price

$643k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,432

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,364

Total Expenses

$4,918

Mortgage P&I

139%

$3,282

Property Taxes

11%

$271

Home Insurance

10%

$229

HOA

0%

$0

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$591

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