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5312 Serather Ct, Garner, NC 27529

3 beds • 3 baths • 2570 sqft

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This property looks like a bad Airbnb investment with a projected -21.74% first-year return on $138k initial cash invested.

-21.74%

Cash On Cash

1.48%

Cap Rate

0.23

DSCR

$2,068

Rent

-$2,493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,068 income − $4,561 expenses = $2,493 out of pocket

Income$2,068Out of Pocket$2,493Mortgage P&I$3,113151%Property Taxes$24212%Insurance$20510%HOA$8Management$31015%CapEx$834%Maintenance$834%Other$51725%

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,695

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,068

Total Expenses

$4,561

Mortgage P&I

151%

$3,113

Property Taxes

12%

$242

Home Insurance

10%

$205

HOA

0%

$8

Property Management

15%

$310

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$517

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