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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 -23.95% first-year return on $331k initial cash invested.

-23.95%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$3,564

Rent

-$6,608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,564 income − $10,172 expenses = $6,608 out of pocket

Income$3,564Out of Pocket$6,608Mortgage P&I$7,357206%Property Taxes$39911%Insurance$70020%HOA$4Management$53515%CapEx$1434%Maintenance$1434%Other$89125%

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

$3,564

Total Expenses

$10,172

Mortgage P&I

206%

$7,357

Property Taxes

11%

$399

Home Insurance

20%

$700

HOA

0%

$4

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$891

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