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32 Central Ave, Weaverville, NC 28787

3 beds • 2 baths • 2004 sqft

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This property looks like a bad Airbnb investment with a projected -10.35% first-year return on $145k initial cash invested.

-10.35%

Cash On Cash

3.9%

Cap Rate

0.65

DSCR

$4,523

Rent

-$1,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,523 income − $5,776 expenses = $1,253 out of pocket

Income$4,523Out of Pocket$1,253Mortgage P&I$3,04367%Property Taxes$2646%Insurance$2987%Management$67815%CapEx$1814%Maintenance$1814%Other$1,13125%

Investment Breakdown

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Purchase Price

$606k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,062

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,523

Total Expenses

$5,776

Mortgage P&I

67%

$3,043

Property Taxes

6%

$264

Home Insurance

7%

$298

HOA

0%

$0

Property Management

15%

$678

CapEx

4%

$181

Vacancy

0%

$0

Maintenance

4%

$181

Other

25%

$1,131

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