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444 Green Spring Dr, Sanford, NC 27332

3 beds • 2 baths • 1346 sqft

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This property looks like a bad Airbnb investment with a projected -2.56% first-year return on $69,429 initial cash invested.

-2.56%

Cash On Cash

6.29%

Cap Rate

0.97

DSCR

$2,634

Rent

-$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $2,782 expenses = $148 out of pocket

Income$2,634Out of Pocket$148Mortgage P&I$1,32650%Property Taxes$1064%Insurance$873%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,429

Downpayment

20%

$48,980

Closing costs

1%

$2,449

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,634

Total Expenses

$2,782

Mortgage P&I

50%

$1,326

Property Taxes

4%

$106

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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