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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 -21.17% first-year return on $133k initial cash invested.

-21.17%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$2,071

Rent

-$2,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,071 income − $4,416 expenses = $2,345 out of pocket

Income$2,071Out of Pocket$2,345Mortgage P&I$2,664129%Property Taxes$36618%Insurance$23611%HOA$1557%Management$31115%CapEx$834%Maintenance$834%Other$51825%

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

$2,071

Total Expenses

$4,416

Mortgage P&I

129%

$2,664

Property Taxes

18%

$366

Home Insurance

11%

$236

HOA

7%

$155

Property Management

15%

$311

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$518

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