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2310 Cool Springs Rd, Sanford, NC 27330

3 beds • 2 baths • 1293 sqft

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This property looks like a bad Airbnb investment with a projected -7.99% first-year return on $82,953 initial cash invested.

-7.99%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$2,577

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $3,129 expenses = $552 out of pocket

Income$2,577Out of Pocket$552Mortgage P&I$1,54860%Property Taxes$2329%Insurance$1124%Management$38715%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,953

Downpayment

20%

$61,860

Closing costs

1%

$3,093

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,577

Total Expenses

$3,129

Mortgage P&I

60%

$1,548

Property Taxes

9%

$232

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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