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3623 Sleepy Hollow Rd, Wake Forest, NC 27587

3 beds • 3 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -6.98% first-year return on $113k initial cash invested.

-6.98%

Cash On Cash

4.37%

Cap Rate

0.76

DSCR

$3,547

Rent

-$654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,547

Total Expenses

$4,201

Mortgage P&I

61%

$2,152

Property Taxes

5%

$188

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$887

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