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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 -17.71% first-year return on $226k initial cash invested.

-17.71%

Cash On Cash

1.97%

Cap Rate

0.34

DSCR

$4,036

Rent

-$3,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$4,036

Total Expenses

$7,366

Mortgage P&I

119%

$4,790

Property Taxes

7%

$294

Home Insurance

9%

$346

HOA

0%

$0

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,009

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