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235 Long John Silver Drive, Wilmington, NC 28411

3 beds • 2 baths • 1325 sqft

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This property could be a profitable Airbnb investment with a projected 10.94% first-year return on $107k initial cash invested.

10.94%

Cash On Cash

9.38%

Cap Rate

1.59

DSCR

$6,424

Rent

$979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,424 income − $5,445 expenses = $979 cash flow

Income$6,424Mortgage P&I$2,09033%Property Taxes$1222%Insurance$1492%Management$96415%CapEx$2574%Maintenance$2574%Other$1,60625%Cash Flow$979

Investment Breakdown

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Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,120

Closing costs

1%

$4,256

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,424

Total Expenses

$5,445

Mortgage P&I

33%

$2,090

Property Taxes

2%

$122

Home Insurance

2%

$149

HOA

0%

$0

Property Management

15%

$964

CapEx

4%

$257

Vacancy

0%

$0

Maintenance

4%

$257

Other

25%

$1,606

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