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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 -11.32% first-year return on $113k initial cash invested.

-11.32%

Cash On Cash

3.34%

Cap Rate

0.57

DSCR

$2,734

Rent

-$1,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,734

Total Expenses

$3,795

Mortgage P&I

81%

$2,203

Property Taxes

4%

$122

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$684

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