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4728 Forestville Rd, Raleigh, NC 27616

3 beds • 2 baths • 1825 sqft

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This property looks like a bad Airbnb investment with a projected -11.53% first-year return on $91,500 initial cash invested.

-11.53%

Cash On Cash

3.3%

Cap Rate

0.55

DSCR

$2,256

Rent

-$879

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,256 income − $3,135 expenses = $879 out of pocket

Income$2,256Out of Pocket$879Mortgage P&I$1,75178%Property Taxes$1808%Insurance$1225%Management$33815%CapEx$904%Maintenance$904%Other$56425%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,256

Total Expenses

$3,135

Mortgage P&I

78%

$1,751

Property Taxes

8%

$180

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$338

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$564

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