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450 Access Dr, Youngsville, NC 27596

3 beds • 2 baths • 1628 sqft

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This property looks like a bad Airbnb investment with a projected -13.05% first-year return on $85,914 initial cash invested.

-13.05%

Cash On Cash

2.94%

Cap Rate

0.48

DSCR

$1,998

Rent

-$934

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,998 income − $2,932 expenses = $934 out of pocket

Income$1,998Out of Pocket$934Mortgage P&I$1,64682%Property Taxes$1709%Insurance$1146%HOA$422%Management$30015%CapEx$804%Maintenance$804%Other$50025%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,914

Downpayment

20%

$64,680

Closing costs

1%

$3,234

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,998

Total Expenses

$2,932

Mortgage P&I

82%

$1,646

Property Taxes

9%

$170

Home Insurance

6%

$114

HOA

2%

$42

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$500

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