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401 Laurel Hill Rd, Chapel Hill, NC 27514

3 beds • 3 baths • 2862 sqft

$2,746,800

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This property looks like a bad Airbnb investment with a projected -27.62% first-year return on $595k initial cash invested.

-27.62%

Cash On Cash

0.02%

Cap Rate

0

DSCR

$4,943

Rent

-$13,689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2747k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$595k

Downpayment

20%

$549k

Closing costs

1%

$27,468

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,943

Total Expenses

$18,632

Mortgage P&I

274%

$13,530

Property Taxes

34%

$1,684

Home Insurance

21%

$1,045

HOA

0%

$0

Property Management

15%

$741

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,236

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ADR

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2.5

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4

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2

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5

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2

1

0.9 mi

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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

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