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399 Reeder Branch Dr, Clayton, NC 27520

3 beds • 2 baths • 1323 sqft

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This property might be a fair Airbnb investment with a projected 0.72% first-year return on $88,266 initial cash invested.

0.72%

Cash On Cash

6.74%

Cap Rate

1.12

DSCR

$3,841

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,841 income − $3,788 expenses = $53 cash flow

Income$3,841Mortgage P&I$1,67144%Property Taxes$1524%Insurance$1213%Management$57615%CapEx$1544%Maintenance$1544%Other$96025%Cash Flow$53

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,266

Downpayment

20%

$66,920

Closing costs

1%

$3,346

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,841

Total Expenses

$3,788

Mortgage P&I

44%

$1,671

Property Taxes

4%

$152

Home Insurance

3%

$121

HOA

0%

$0

Property Management

15%

$576

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$960

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