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3166 Misty Ridge Dr, Winston Salem, NC 27107

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Airbnb investment with a projected -5.74% first-year return on $79,194 initial cash invested.

-5.74%

Cash On Cash

5.01%

Cap Rate

0.82

DSCR

$2,631

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,194

Downpayment

20%

$58,280

Closing costs

1%

$2,914

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,631

Total Expenses

$3,010

Mortgage P&I

57%

$1,491

Property Taxes

6%

$170

Home Insurance

3%

$86

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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$2,850

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