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511 N Franklin Dr, Sanford, NC 27330

3 beds • 3 baths • 2164 sqft

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This property looks like a bad Airbnb investment with a projected -7.66% first-year return on $88,077 initial cash invested.

-7.66%

Cash On Cash

4.39%

Cap Rate

0.73

DSCR

$2,929

Rent

-$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,929 income − $3,491 expenses = $562 out of pocket

Income$2,929Out of Pocket$562Mortgage P&I$1,66757%Property Taxes$30010%Insurance$1194%Management$43915%CapEx$1174%Maintenance$1174%Other$73225%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,077

Downpayment

20%

$66,740

Closing costs

1%

$3,337

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,929

Total Expenses

$3,491

Mortgage P&I

57%

$1,667

Property Taxes

10%

$300

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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