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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 -13.66% first-year return on $113k initial cash invested.

-13.66%

Cash On Cash

2.7%

Cap Rate

0.46

DSCR

$2,309

Rent

-$1,281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,309 income − $3,590 expenses = $1,281 out of pocket

Income$2,309Out of Pocket$1,281Mortgage P&I$2,20395%Property Taxes$1225%Insurance$1587%Management$34615%CapEx$924%Maintenance$924%Other$57725%

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

$2,309

Total Expenses

$3,590

Mortgage P&I

95%

$2,203

Property Taxes

5%

$122

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$577

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