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30 Cherokee Trl, Fletcher, NC 28732

3 beds • 3 baths • 3012 sqft

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This property looks like a bad Airbnb investment with a projected -7.25% first-year return on $161k initial cash invested.

-7.25%

Cash On Cash

4.68%

Cap Rate

0.78

DSCR

$5,705

Rent

-$973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,705 income − $6,678 expenses = $973 out of pocket

Income$5,705Out of Pocket$973Mortgage P&I$3,40660%Property Taxes$2264%Insurance$2625%HOA$461%Management$85615%CapEx$2284%Maintenance$2284%Other$1,42625%

Investment Breakdown

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Purchase Price

$682k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,816

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,705

Total Expenses

$6,678

Mortgage P&I

60%

$3,406

Property Taxes

4%

$226

Home Insurance

5%

$262

HOA

1%

$46

Property Management

15%

$856

CapEx

4%

$228

Vacancy

0%

$0

Maintenance

4%

$228

Other

25%

$1,426

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