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504 Kingswood Dr, Cary, NC 27513

3 beds • 3 baths • 2362 sqft

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This property looks like a bad Airbnb investment with a projected -12.23% first-year return on $150k initial cash invested.

-12.23%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$4,347

Rent

-$1,532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,347 income − $5,879 expenses = $1,532 out of pocket

Income$4,347Out of Pocket$1,532Mortgage P&I$3,17073%Property Taxes$3949%Insurance$2285%Management$65215%CapEx$1744%Maintenance$1744%Other$1,08725%

Investment Breakdown

|

Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,302

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,347

Total Expenses

$5,879

Mortgage P&I

73%

$3,170

Property Taxes

9%

$394

Home Insurance

5%

$228

HOA

0%

$0

Property Management

15%

$652

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,087

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