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536 N Kennelman Cir, Wendell, NC 27591

3 beds • 3 baths • 2462 sqft

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This property looks like a bad Airbnb investment with a projected -9.85% first-year return on $98,178 initial cash invested.

-9.85%

Cash On Cash

3.88%

Cap Rate

0.64

DSCR

$2,954

Rent

-$806

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,954 income − $3,760 expenses = $806 out of pocket

Income$2,954Out of Pocket$806Mortgage P&I$1,92165%Property Taxes$2609%Insurance$1294%HOA$331%Management$44315%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,178

Downpayment

20%

$76,360

Closing costs

1%

$3,818

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,954

Total Expenses

$3,760

Mortgage P&I

65%

$1,921

Property Taxes

9%

$260

Home Insurance

4%

$129

HOA

1%

$33

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

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