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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 -13.62% first-year return on $150k initial cash invested.

-13.62%

Cash On Cash

3.09%

Cap Rate

0.51

DSCR

$4,008

Rent

-$1,707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,008 income − $5,715 expenses = $1,707 out of pocket

Income$4,008Out of Pocket$1,707Mortgage P&I$3,17079%Property Taxes$39410%Insurance$2286%Management$60115%CapEx$1604%Maintenance$1604%Other$1,00225%

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

$4,008

Total Expenses

$5,715

Mortgage P&I

79%

$3,170

Property Taxes

10%

$394

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$601

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,002

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