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27211 Hedge Rd, Albemarle, NC 28001

3 beds • 3 baths • 2020 sqft

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This property looks like a bad Airbnb investment with a projected -12.54% first-year return on $113k initial cash invested.

-12.54%

Cash On Cash

3.01%

Cap Rate

0.51

DSCR

$2,512

Rent

-$1,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,512 income − $3,688 expenses = $1,176 out of pocket

Income$2,512Out of Pocket$1,176Mortgage P&I$2,20388%Property Taxes$1225%Insurance$1586%Management$37715%CapEx$1004%Maintenance$1004%Other$62825%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,512

Total Expenses

$3,688

Mortgage P&I

88%

$2,203

Property Taxes

5%

$122

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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