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2309 Cool Springs Rd, Sanford, NC 27330

3 beds • 3 baths • 2130 sqft

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This property looks like a bad Airbnb investment with a projected -13.92% first-year return on $94,650 initial cash invested.

-13.92%

Cash On Cash

3.4%

Cap Rate

0.51

DSCR

$2,474

Rent

-$1,098

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,474 income − $3,572 expenses = $1,098 out of pocket

Income$2,474Out of Pocket$1,098Mortgage P&I$2,03382%Property Taxes$2249%Insurance$1285%Management$37115%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,474

Total Expenses

$3,572

Mortgage P&I

82%

$2,033

Property Taxes

9%

$224

Home Insurance

5%

$128

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

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