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23 Brookwood Dr, Smithfield, NC 27577

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -2.25% first-year return on $73,146 initial cash invested.

-2.25%

Cash On Cash

6.53%

Cap Rate

0.99

DSCR

$3,085

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,085 income − $3,222 expenses = $137 out of pocket

Income$3,085Out of Pocket$137Mortgage P&I$1,44247%Property Taxes$2067%Insurance$943%Management$46315%CapEx$1234%Maintenance$1234%Other$77125%

Investment Breakdown

|

Purchase Price

$263k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,146

Downpayment

20%

$52,520

Closing costs

1%

$2,626

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,085

Total Expenses

$3,222

Mortgage P&I

47%

$1,442

Property Taxes

7%

$206

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$463

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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