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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 -4.56% first-year return on $161k initial cash invested.

-4.56%

Cash On Cash

5.37%

Cap Rate

0.9

DSCR

$6,400

Rent

-$612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,400 income − $7,012 expenses = $612 out of pocket

Income$6,400Out of Pocket$612Mortgage P&I$3,40653%Property Taxes$2264%Insurance$2624%HOA$461%Management$96015%CapEx$2564%Maintenance$2564%Other$1,60025%

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

$6,400

Total Expenses

$7,012

Mortgage P&I

53%

$3,406

Property Taxes

4%

$226

Home Insurance

4%

$262

HOA

1%

$46

Property Management

15%

$960

CapEx

4%

$256

Vacancy

0%

$0

Maintenance

4%

$256

Other

25%

$1,600

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