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234 Powell Dr, Raleigh, NC 27606

3 beds • 3 baths • 2114 sqft

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This property looks like a bad Airbnb investment with a projected -19.72% first-year return on $160k initial cash invested.

-19.72%

Cash On Cash

1.45%

Cap Rate

0.24

DSCR

$2,560

Rent

-$2,636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $5,196 expenses = $2,636 out of pocket

Income$2,560Out of Pocket$2,636Mortgage P&I$3,355131%Property Taxes$38215%Insurance$2319%Management$38415%CapEx$1024%Maintenance$1024%Other$64025%

Investment Breakdown

|

Purchase Price

$678k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$136k

Closing costs

1%

$6,781

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$5,196

Mortgage P&I

131%

$3,355

Property Taxes

15%

$382

Home Insurance

9%

$231

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$640

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