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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 -12.58% first-year return on $145k initial cash invested.

-12.58%

Cash On Cash

3.33%

Cap Rate

0.55

DSCR

$4,002

Rent

-$1,523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,002 income − $5,525 expenses = $1,523 out of pocket

Income$4,002Out of Pocket$1,523Mortgage P&I$3,04376%Property Taxes$2647%Insurance$2987%Management$60015%CapEx$1604%Maintenance$1604%Other$1,00025%

Investment Breakdown

|

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

$4,002

Total Expenses

$5,525

Mortgage P&I

76%

$3,043

Property Taxes

7%

$264

Home Insurance

7%

$298

HOA

0%

$0

Property Management

15%

$600

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,000

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