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2863 Heath Peak Rd, Waynesville, NC 28785

3 beds • 2 baths • 1618 sqft

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This property looks like a bad Airbnb investment with a projected -10.11% first-year return on $110k initial cash invested.

-10.11%

Cash On Cash

4.16%

Cap Rate

0.66

DSCR

$3,270

Rent

-$930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,270 income − $4,200 expenses = $930 out of pocket

Income$3,270Out of Pocket$930Mortgage P&I$2,32371%Property Taxes$1154%Insurance$1545%HOA$381%Management$49015%CapEx$1314%Maintenance$1314%Other$81825%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,000

Closing costs

1%

$4,400

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,270

Total Expenses

$4,200

Mortgage P&I

71%

$2,323

Property Taxes

4%

$115

Home Insurance

5%

$154

HOA

1%

$38

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$818

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