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3110 Whispering Creek Dr, Indian Trail, NC 28079

3 beds • 3 baths • 2706 sqft

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This property looks like a bad Airbnb investment with a projected -16.97% first-year return on $135k initial cash invested.

-16.97%

Cash On Cash

2.13%

Cap Rate

0.36

DSCR

$3,068

Rent

-$1,914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,068 income − $4,982 expenses = $1,914 out of pocket

Income$3,068Out of Pocket$1,914Mortgage P&I$2,78191%Property Taxes$2789%Insurance$2007%HOA$2508%Management$46015%CapEx$1234%Maintenance$1234%Other$76725%

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,587

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,068

Total Expenses

$4,982

Mortgage P&I

91%

$2,781

Property Taxes

9%

$278

Home Insurance

7%

$200

HOA

8%

$250

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$767

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