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335 Village Blvd, Lake Lure, NC 28746

3 beds • 3 baths • 2439 sqft

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This property looks like a bad Airbnb investment with a projected -18.82% first-year return on $133k initial cash invested.

-18.82%

Cash On Cash

1.5%

Cap Rate

0.26

DSCR

$2,569

Rent

-$2,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,569 income − $4,654 expenses = $2,085 out of pocket

Income$2,569Out of Pocket$2,085Mortgage P&I$2,664104%Property Taxes$36614%Insurance$2369%HOA$1556%Management$38515%CapEx$1034%Maintenance$1034%Other$64225%

Investment Breakdown

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Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,472

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,569

Total Expenses

$4,654

Mortgage P&I

104%

$2,664

Property Taxes

14%

$366

Home Insurance

9%

$236

HOA

6%

$155

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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