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278 Oakmont Dr, Raeford, NC 28376

3 beds • 2 baths • 1941 sqft

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This property looks like a bad Airbnb investment with a projected -5.74% first-year return on $84,318 initial cash invested.

-5.74%

Cash On Cash

4.94%

Cap Rate

0.82

DSCR

$2,840

Rent

-$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,840 income − $3,243 expenses = $403 out of pocket

Income$2,840Out of Pocket$403Mortgage P&I$1,58956%Property Taxes$1786%Insurance$1124%Management$42615%CapEx$1144%Maintenance$1144%Other$71025%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,318

Downpayment

20%

$63,160

Closing costs

1%

$3,158

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,840

Total Expenses

$3,243

Mortgage P&I

56%

$1,589

Property Taxes

6%

$178

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

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