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232 Sandy Bottom Ln, Raeford, NC 28376

3 beds • 2 baths • 1183 sqft

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This property looks like a bad Airbnb investment with a projected -1.44% first-year return on $65,943 initial cash invested.

-1.44%

Cash On Cash

6.59%

Cap Rate

1.02

DSCR

$2,572

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,572 income − $2,651 expenses = $79 out of pocket

Income$2,572Out of Pocket$79Mortgage P&I$1,23048%Property Taxes$1064%Insurance$803%Management$38615%CapEx$1034%Maintenance$1034%Other$64325%

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,943

Downpayment

20%

$45,660

Closing costs

1%

$2,283

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,572

Total Expenses

$2,651

Mortgage P&I

48%

$1,230

Property Taxes

4%

$106

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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