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412 W Ballentine St, Holly Springs, NC 27540

3 beds • 3 baths • 2002 sqft

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This property looks like a bad Airbnb investment with a projected -10.56% first-year return on $114k initial cash invested.

-10.56%

Cash On Cash

3.74%

Cap Rate

0.62

DSCR

$3,489

Rent

-$1,007

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,489 income − $4,496 expenses = $1,007 out of pocket

Income$3,489Out of Pocket$1,007Mortgage P&I$2,29866%Property Taxes$3139%Insurance$1685%HOA$421%Management$52315%CapEx$1404%Maintenance$1404%Other$87225%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,860

Closing costs

1%

$4,593

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$4,496

Mortgage P&I

66%

$2,298

Property Taxes

9%

$313

Home Insurance

5%

$168

HOA

1%

$42

Property Management

15%

$523

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$872

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