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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 -19.76% first-year return on $174k initial cash invested.

-19.76%

Cash On Cash

1.53%

Cap Rate

0.25

DSCR

$2,322

Rent

-$2,863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $5,185 expenses = $2,863 out of pocket

Income$2,322Out of Pocket$2,863Mortgage P&I$3,716160%Property Taxes$1898%Insurance$1667%Management$34815%CapEx$934%Maintenance$934%Other$58025%

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

$2,322

Total Expenses

$5,185

Mortgage P&I

160%

$3,716

Property Taxes

8%

$189

Home Insurance

7%

$166

HOA

0%

$0

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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