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497 Bear Ridge Rd, Franklin, NC 28734

2 beds • 2 baths • 1246 sqft

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This property might be a fair Airbnb investment with a projected 0.41% first-year return on $63,807 initial cash invested.

0.41%

Cash On Cash

6.75%

Cap Rate

1.11

DSCR

$2,781

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,781 income − $2,759 expenses = $22 cash flow

Income$2,781Mortgage P&I$1,25445%Property Taxes$803%Insurance$913%Management$41715%CapEx$1114%Maintenance$1114%Other$69525%Cash Flow$22

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,807

Downpayment

20%

$49,340

Closing costs

1%

$2,467

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$2,781

Total Expenses

$2,759

Mortgage P&I

45%

$1,254

Property Taxes

3%

$80

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$695

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