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2455 Fay Jones Rd, Denver, NC 28037

3 beds • 2 baths • 1448 sqft

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This property looks like a bad Airbnb investment with a projected -6.9% first-year return on $89,526 initial cash invested.

-6.9%

Cash On Cash

5.32%

Cap Rate

0.8

DSCR

$3,220

Rent

-$515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,220 income − $3,735 expenses = $515 out of pocket

Income$3,220Out of Pocket$515Mortgage P&I$1,89659%Property Taxes$1715%Insurance$1224%Management$48315%CapEx$1294%Maintenance$1294%Other$80525%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,526

Downpayment

20%

$68,120

Closing costs

1%

$3,406

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,220

Total Expenses

$3,735

Mortgage P&I

59%

$1,896

Property Taxes

5%

$171

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$805

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