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413 Gibson Dr, Raeford, NC 28376

3 beds • 2 baths • 1601 sqft

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This property looks like a bad Airbnb investment with a projected -0.59% first-year return on $73,335 initial cash invested.

-0.59%

Cash On Cash

6.57%

Cap Rate

1.06

DSCR

$2,957

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,957 income − $2,993 expenses = $36 out of pocket

Income$2,957Out of Pocket$36Mortgage P&I$1,36146%Property Taxes$1204%Insurance$933%Management$44415%CapEx$1184%Maintenance$1184%Other$73925%

Investment Breakdown

|

Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,335

Downpayment

20%

$52,700

Closing costs

1%

$2,635

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,957

Total Expenses

$2,993

Mortgage P&I

46%

$1,361

Property Taxes

4%

$120

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$444

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$739

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