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2904 Unionville Indian Trail Rd W, Indian Trail, NC 28079
3 beds • 2 baths • 1882 sqft
$449,600
View on ZillowThis property looks like a bad Airbnb investment with a projected -12.05% first-year return on $112k initial cash invested.
-12.05%
Cash On Cash
3.15%
Cap Rate
0.54
DSCR
$2,788
Rent
-$1,129
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,788 income − $3,917 expenses = $1,129 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,920
Closing costs
1%
$4,496
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,788
Total Expenses
$3,917
Mortgage P&I
79%
$2,197
Property Taxes
8%
$223
Home Insurance
6%
$158
HOA
0%
$0
Property Management
15%
$418
CapEx
4%
$112
Vacancy
0%
$0
Maintenance
4%
$112
Other
25%
$697