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3100 Mel Oaks Trl, Chapel Hill, NC 27516

3 beds • 3 baths • 2575 sqft

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This property looks like a bad Airbnb investment with a projected -21.33% first-year return on $191k initial cash invested.

-21.33%

Cash On Cash

1.11%

Cap Rate

0.19

DSCR

$2,889

Rent

-$3,387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$822k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$164k

Closing costs

1%

$8,217

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$6,276

Mortgage P&I

139%

$4,030

Property Taxes

20%

$565

Home Insurance

10%

$294

HOA

0%

$0

Property Management

15%

$433

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$722

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