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34 Aster Ridge Dr, Waynesville, NC 28786

3 beds • 3 baths • 2135 sqft

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This property looks like a bad Airbnb investment with a projected -17.71% first-year return on $136k initial cash invested.

-17.71%

Cash On Cash

1.9%

Cap Rate

0.32

DSCR

$2,379

Rent

-$2,006

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,379 income − $4,385 expenses = $2,006 out of pocket

Income$2,379Out of Pocket$2,006Mortgage P&I$2,798118%Property Taxes$1948%Insurance$2018%HOA$502%Management$35715%CapEx$954%Maintenance$954%Other$59525%

Investment Breakdown

|

Purchase Price

$562k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,616

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,379

Total Expenses

$4,385

Mortgage P&I

118%

$2,798

Property Taxes

8%

$194

Home Insurance

8%

$201

HOA

2%

$50

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$595

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