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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 -16.16% first-year return on $161k initial cash invested.

-16.16%

Cash On Cash

2.42%

Cap Rate

0.4

DSCR

$3,404

Rent

-$2,170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,404 income − $5,574 expenses = $2,170 out of pocket

Income$3,404Out of Pocket$2,170Mortgage P&I$3,406100%Property Taxes$2267%Insurance$2628%HOA$461%Management$51115%CapEx$1364%Maintenance$1364%Other$85125%

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

$3,404

Total Expenses

$5,574

Mortgage P&I

100%

$3,406

Property Taxes

7%

$226

Home Insurance

8%

$262

HOA

1%

$46

Property Management

15%

$511

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$851

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