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399 Reeder Branch Dr, Clayton, NC 27520

3 beds • 2 baths • 1323 sqft

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This property looks like a bad Airbnb investment with a projected -1.67% first-year return on $88,266 initial cash invested.

-1.67%

Cash On Cash

6.05%

Cap Rate

1.01

DSCR

$3,501

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,501 income − $3,624 expenses = $123 out of pocket

Income$3,501Out of Pocket$123Mortgage P&I$1,67148%Property Taxes$1524%Insurance$1213%Management$52515%CapEx$1404%Maintenance$1404%Other$87525%

Investment Breakdown

|

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

$3,501

Total Expenses

$3,624

Mortgage P&I

48%

$1,671

Property Taxes

4%

$152

Home Insurance

3%

$121

HOA

0%

$0

Property Management

15%

$525

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$875

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