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4021 Yorke Meadow Court, Wilmington, NC 28412

3 beds • 3 baths • 2948 sqft

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This property looks like a bad Airbnb investment with a projected -22.39% first-year return on $181k initial cash invested.

-22.39%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$2,556

Rent

-$3,386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,556 income − $5,942 expenses = $3,386 out of pocket

Income$2,556Out of Pocket$3,386Mortgage P&I$3,902153%Property Taxes$2329%Insurance$29812%HOA$28411%Management$38315%CapEx$1024%Maintenance$1024%Other$63925%

Investment Breakdown

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Purchase Price

$778k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$156k

Closing costs

1%

$7,783

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,556

Total Expenses

$5,942

Mortgage P&I

153%

$3,902

Property Taxes

9%

$232

Home Insurance

12%

$298

HOA

11%

$284

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$639

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