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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 -17.42% first-year return on $226k initial cash invested.

-17.42%

Cash On Cash

2.04%

Cap Rate

0.35

DSCR

$4,144

Rent

-$3,276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,144 income − $7,420 expenses = $3,276 out of pocket

Income$4,144Out of Pocket$3,276Mortgage P&I$4,790116%Property Taxes$2947%Insurance$3468%Management$62215%CapEx$1664%Maintenance$1664%Other$1,03625%

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

$4,144

Total Expenses

$7,420

Mortgage P&I

116%

$4,790

Property Taxes

7%

$294

Home Insurance

8%

$346

HOA

0%

$0

Property Management

15%

$622

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,036

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