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2904 Unionville Indian Trail Rd W, Indian Trail, NC 28079

3 beds • 2 baths • 1882 sqft

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This property looks like a bad Airbnb investment with a projected -15.8% first-year return on $112k initial cash invested.

-15.8%

Cash On Cash

2.14%

Cap Rate

0.37

DSCR

$2,113

Rent

-$1,480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,113

Total Expenses

$3,593

Mortgage P&I

104%

$2,197

Property Taxes

11%

$223

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$528

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