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398 Point Hope Ln, Hendersonville, NC 28792

3 beds • 2 baths • 1394 sqft

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This property looks like a bad Airbnb investment with a projected -11.94% first-year return on $106k initial cash invested.

-11.94%

Cash On Cash

3.44%

Cap Rate

0.56

DSCR

$2,755

Rent

-$1,057

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,755 income − $3,812 expenses = $1,057 out of pocket

Income$2,755Out of Pocket$1,057Mortgage P&I$2,15078%Property Taxes$1907%Insurance$1505%Management$41315%CapEx$1104%Maintenance$1104%Other$68925%

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,020

Closing costs

1%

$4,201

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,755

Total Expenses

$3,812

Mortgage P&I

78%

$2,150

Property Taxes

7%

$190

Home Insurance

5%

$150

HOA

0%

$0

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$689

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