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2341 Colgate Dr, Fayetteville, NC 28304

4 beds • 3 baths • 3270 sqft

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This property looks like a bad Airbnb investment with a projected -9.22% first-year return on $102k initial cash invested.

-9.22%

Cash On Cash

3.71%

Cap Rate

0.63

DSCR

$2,870

Rent

-$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$74,460

Closing costs

1%

$3,723

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$2,870

Total Expenses

$3,655

Mortgage P&I

63%

$1,820

Property Taxes

11%

$324

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$430

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$718

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