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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 -18.08% first-year return on $136k initial cash invested.

-18.08%

Cash On Cash

1.8%

Cap Rate

0.3

DSCR

$2,298

Rent

-$2,048

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,298 income − $4,346 expenses = $2,048 out of pocket

Income$2,298Out of Pocket$2,048Mortgage P&I$2,798122%Property Taxes$1948%Insurance$2019%HOA$502%Management$34515%CapEx$924%Maintenance$924%Other$57425%

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

$2,298

Total Expenses

$4,346

Mortgage P&I

122%

$2,798

Property Taxes

8%

$194

Home Insurance

9%

$201

HOA

2%

$50

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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