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353 Liberty Star Rd, Wendell, NC 27591

3 beds • 3 baths • 2750 sqft

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This property looks like a bad Airbnb investment with a projected -19.39% first-year return on $145k initial cash invested.

-19.39%

Cash On Cash

1.6%

Cap Rate

0.27

DSCR

$2,843

Rent

-$2,338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,843 income − $5,181 expenses = $2,338 out of pocket

Income$2,843Out of Pocket$2,338Mortgage P&I$3,029107%Property Taxes$47017%Insurance$2178%HOA$1004%Management$42615%CapEx$1144%Maintenance$1144%Other$71125%

Investment Breakdown

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Purchase Price

$603k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,032

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,843

Total Expenses

$5,181

Mortgage P&I

107%

$3,029

Property Taxes

17%

$470

Home Insurance

8%

$217

HOA

4%

$100

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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