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5149 Deer Meadow Ln, Morganton, NC 28655

3 beds • 4 baths • 2969 sqft

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This property looks like a bad Airbnb investment with a projected -22.17% first-year return on $174k initial cash invested.

-22.17%

Cash On Cash

0.92%

Cap Rate

0.15

DSCR

$1,652

Rent

-$3,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,652 income − $4,864 expenses = $3,212 out of pocket

Income$1,652Out of Pocket$3,212Mortgage P&I$3,716225%Property Taxes$18911%Insurance$16610%Management$24815%CapEx$664%Maintenance$664%Other$41325%

Investment Breakdown

|

Purchase Price

$742k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$148k

Closing costs

1%

$7,423

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,652

Total Expenses

$4,864

Mortgage P&I

225%

$3,716

Property Taxes

11%

$189

Home Insurance

10%

$166

HOA

0%

$0

Property Management

15%

$248

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$413

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