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340 Andrews Store Rd, Pittsboro, NC 27312

3 beds • 4 baths • 2585 sqft

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This property looks like a bad Airbnb investment with a projected -15.67% first-year return on $173k initial cash invested.

-15.67%

Cash On Cash

2.46%

Cap Rate

0.42

DSCR

$3,794

Rent

-$2,262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$739k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,390

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,794

Total Expenses

$6,056

Mortgage P&I

95%

$3,623

Property Taxes

9%

$353

Home Insurance

7%

$259

HOA

0%

$0

Property Management

15%

$569

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$948

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