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304 Pine Forest Trce, Hendersonville, NC 28739

3 beds • 4 baths • 3777 sqft

$1,294,700

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This property looks like a bad Airbnb investment with a projected -21.42% first-year return on $290k initial cash invested.

-21.42%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$4,690

Rent

-$5,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1295k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$290k

Downpayment

20%

$259k

Closing costs

1%

$12,947

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,690

Total Expenses

$9,865

Mortgage P&I

135%

$6,323

Property Taxes

9%

$404

Home Insurance

10%

$472

HOA

9%

$414

Property Management

15%

$704

CapEx

4%

$188

Vacancy

0%

$0

Maintenance

4%

$188

Other

25%

$1,172

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