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343 Hemlock Circle, Highlands, NC 28741

3 beds • 3 baths • sqft

$1,880,700

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This property looks like a bad Airbnb investment with a projected -24.02% first-year return on $413k initial cash invested.

-24.02%

Cash On Cash

0.92%

Cap Rate

0.15

DSCR

$4,530

Rent

-$8,265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,530 income − $12,795 expenses = $8,265 out of pocket

Income$4,530Out of Pocket$8,265Mortgage P&I$9,528210%Property Taxes$3939%Insurance$70015%Management$68015%CapEx$1814%Maintenance$1814%Other$1,13225%

Investment Breakdown

|

Purchase Price

$1881k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$413k

Downpayment

20%

$376k

Closing costs

1%

$18,807

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,530

Total Expenses

$12,795

Mortgage P&I

210%

$9,528

Property Taxes

9%

$393

Home Insurance

15%

$700

HOA

0%

$0

Property Management

15%

$680

CapEx

4%

$181

Vacancy

0%

$0

Maintenance

4%

$181

Other

25%

$1,132

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