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386 Wild Turkey Run, Black Mountain, NC 28711

3 beds • 3 baths • 1895 sqft

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This property looks like a bad Airbnb investment with a projected -16.21% first-year return on $133k initial cash invested.

-16.21%

Cash On Cash

2.38%

Cap Rate

0.39

DSCR

$2,922

Rent

-$1,800

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,922 income − $4,722 expenses = $1,800 out of pocket

Income$2,922Out of Pocket$1,800Mortgage P&I$2,77395%Property Taxes$2428%Insurance$1927%HOA$1134%Management$43815%CapEx$1174%Maintenance$1174%Other$73025%

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,922

Total Expenses

$4,722

Mortgage P&I

95%

$2,773

Property Taxes

8%

$242

Home Insurance

7%

$192

HOA

4%

$113

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

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