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2761 Hemlock Ct, Nebo, NC 28761

3 beds • 3 baths • 2158 sqft

$1,174,700

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This property looks like a bad Airbnb investment with a projected -22.47% first-year return on $265k initial cash invested.

-22.47%

Cash On Cash

0.93%

Cap Rate

0.16

DSCR

$3,084

Rent

-$4,957

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1175k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$265k

Downpayment

20%

$235k

Closing costs

1%

$11,747

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,084

Total Expenses

$8,041

Mortgage P&I

186%

$5,745

Property Taxes

12%

$383

Home Insurance

14%

$420

HOA

0%

$13

Property Management

15%

$463

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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