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287 Wynnridge Dr, Angier, NC 27501

3 beds • 2 baths • 1416 sqft

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This property looks like a bad Airbnb investment with a projected -7.87% first-year return on $86,040 initial cash invested.

-7.87%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$2,600

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $3,164 expenses = $564 out of pocket

Income$2,600Out of Pocket$564Mortgage P&I$1,65864%Property Taxes$1425%Insurance$1164%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,600

Total Expenses

$3,164

Mortgage P&I

64%

$1,658

Property Taxes

5%

$142

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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