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27 Magnolia Dr, Nebo, NC 28761

3 beds • 3 baths • 2490 sqft

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This property looks like a bad Airbnb investment with a projected -16.44% first-year return on $226k initial cash invested.

-16.44%

Cash On Cash

2.28%

Cap Rate

0.39

DSCR

$4,496

Rent

-$3,092

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,496 income − $7,588 expenses = $3,092 out of pocket

Income$4,496Out of Pocket$3,092Mortgage P&I$4,790107%Property Taxes$2947%Insurance$3468%Management$67415%CapEx$1804%Maintenance$1804%Other$1,12425%

Investment Breakdown

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Purchase Price

$989k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$226k

Downpayment

20%

$198k

Closing costs

1%

$9,890

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,496

Total Expenses

$7,588

Mortgage P&I

107%

$4,790

Property Taxes

7%

$294

Home Insurance

8%

$346

HOA

0%

$0

Property Management

15%

$674

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,124

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