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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 -7.59% first-year return on $84,318 initial cash invested.

-7.59%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$2,589

Rent

-$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $3,122 expenses = $533 out of pocket

Income$2,589Out of Pocket$533Mortgage P&I$1,58961%Property Taxes$1787%Insurance$1124%Management$38815%CapEx$1044%Maintenance$1044%Other$64725%

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

$2,589

Total Expenses

$3,122

Mortgage P&I

61%

$1,589

Property Taxes

7%

$178

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$388

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$647

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