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This property looks like a bad Airbnb investment with a projected -19.12% first-year return on $163k initial cash invested.
-19.12%
Cash On Cash
1.37%
Cap Rate
0.23
DSCR
$2,623
Rent
-$2,599
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$663k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$133k
Closing costs
1%
$6,626
Rehab
0%
$0
Furnishing
4%
$24,000
Cashflow
Total Income
$2,623
Total Expenses
$5,222
Mortgage P&I
124%
$3,253
Property Taxes
7%
$190
Home Insurance
9%
$236
HOA
11%
$284
Property Management
15%
$393
CapEx
4%
$105
Vacancy
0%
$0
Maintenance
4%
$105
Other
25%
$656
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Minutes from Wilmington Beaches, Downtown, UNCW | $2,727 | $183 | 3 | 2.5 | 0.32 mi |
Lorraine's Restful Retreat | $3,175 | $213 | 3 | 2 | 0.57 mi |
Wilmington Wellness Oasis | $3,815 | $256 | 3 | 2 | 0.72 mi |
Cozy Home by Beaches & the Riverwalk- Dog-Friendly | $2,146 | $144 | 3 | 2 | 0.69 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality