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310 Kingsford Dr, Stanley, NC 28164

3 beds • 3 baths • 1764 sqft

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This property looks like a bad Airbnb investment with a projected -10.97% first-year return on $85,767 initial cash invested.

-10.97%

Cash On Cash

3.46%

Cap Rate

0.57

DSCR

$2,368

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,368 income − $3,152 expenses = $784 out of pocket

Income$2,368Out of Pocket$784Mortgage P&I$1,62068%Property Taxes$24510%Insurance$1145%HOA$362%Management$35515%CapEx$954%Maintenance$954%Other$59225%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,767

Downpayment

20%

$64,540

Closing costs

1%

$3,227

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,368

Total Expenses

$3,152

Mortgage P&I

68%

$1,620

Property Taxes

10%

$245

Home Insurance

5%

$114

HOA

2%

$36

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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