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44 Goughes Branch Rd, Leicester, NC 28748

3 beds • 3 baths • 2315 sqft

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This property looks like a bad Airbnb investment with a projected -9.35% first-year return on $146k initial cash invested.

-9.35%

Cash On Cash

3.88%

Cap Rate

0.67

DSCR

$4,384

Rent

-$1,138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,384 income − $5,522 expenses = $1,138 out of pocket

Income$4,384Out of Pocket$1,138Mortgage P&I$2,93567%Property Taxes$2696%Insurance$2145%Management$65815%CapEx$1754%Maintenance$1754%Other$1,09625%

Investment Breakdown

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Purchase Price

$610k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,100

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,384

Total Expenses

$5,522

Mortgage P&I

67%

$2,935

Property Taxes

6%

$269

Home Insurance

5%

$214

HOA

0%

$0

Property Management

15%

$658

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,096

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