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2536 Ashley Ct, Raleigh, NC 27607

3 beds • 3 baths • 2372 sqft

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This property looks like a bad Airbnb investment with a projected -19.65% first-year return on $198k initial cash invested.

-19.65%

Cash On Cash

1.78%

Cap Rate

0.29

DSCR

$3,759

Rent

-$3,239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,759 income − $6,998 expenses = $3,239 out of pocket

Income$3,759Out of Pocket$3,239Mortgage P&I$4,356116%Property Taxes$53214%Insurance$3068%Management$56415%CapEx$1504%Maintenance$1504%Other$94025%

Investment Breakdown

|

Purchase Price

$856k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$171k

Closing costs

1%

$8,562

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,759

Total Expenses

$6,998

Mortgage P&I

116%

$4,356

Property Taxes

14%

$532

Home Insurance

8%

$306

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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