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241 Glen Eagle Dr, Waynesville, NC 28786

3 beds • 5 baths • 4931 sqft

$1,490,600

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This property looks like a bad Airbnb investment with a projected -23% first-year return on $331k initial cash invested.

-23%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$4,066

Rent

-$6,346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,066 income − $10,412 expenses = $6,346 out of pocket

Income$4,066Out of Pocket$6,346Mortgage P&I$7,357181%Property Taxes$39910%Insurance$70017%HOA$4Management$61015%CapEx$1634%Maintenance$1634%Other$1,01625%

Investment Breakdown

|

Purchase Price

$1491k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$331k

Downpayment

20%

$298k

Closing costs

1%

$14,906

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,066

Total Expenses

$10,412

Mortgage P&I

181%

$7,357

Property Taxes

10%

$399

Home Insurance

17%

$700

HOA

0%

$4

Property Management

15%

$610

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,016

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