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2325 Perry Rd, Denver, NC 28037

3 beds • 3 baths • 2544 sqft

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This property looks like a bad Airbnb investment with a projected -9.5% first-year return on $144k initial cash invested.

-9.5%

Cash On Cash

3.88%

Cap Rate

0.67

DSCR

$4,339

Rent

-$1,143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,339 income − $5,482 expenses = $1,143 out of pocket

Income$4,339Out of Pocket$1,143Mortgage P&I$2,91767%Property Taxes$2646%Insurance$2175%Management$65115%CapEx$1744%Maintenance$1744%Other$1,08525%

Investment Breakdown

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Purchase Price

$602k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,021

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,339

Total Expenses

$5,482

Mortgage P&I

67%

$2,917

Property Taxes

6%

$264

Home Insurance

5%

$217

HOA

0%

$0

Property Management

15%

$651

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,085

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