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4552 Canasta Ct, Hope Mills, NC 28348

3 beds • 2 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -9.86% first-year return on $93,306 initial cash invested.

-9.86%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$2,529

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,306

Downpayment

20%

$71,720

Closing costs

1%

$3,586

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,529

Total Expenses

$3,296

Mortgage P&I

70%

$1,770

Property Taxes

7%

$182

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

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