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2413 Carbonton Rd, Sanford, NC 27330

3 beds • 2 baths • 1382 sqft

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This property looks like a bad Airbnb investment with a projected -2.72% first-year return on $70,248 initial cash invested.

-2.72%

Cash On Cash

5.81%

Cap Rate

0.96

DSCR

$2,616

Rent

-$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,775 expenses = $159 out of pocket

Income$2,616Out of Pocket$159Mortgage P&I$1,25848%Property Taxes$1717%Insurance$903%Management$39215%CapEx$1054%Maintenance$1054%Other$65425%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,248

Downpayment

20%

$49,760

Closing costs

1%

$2,488

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,775

Mortgage P&I

48%

$1,258

Property Taxes

7%

$171

Home Insurance

3%

$90

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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