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556 High Pines Loop, Lake Lure, NC 28746

3 beds • 4 baths • 3622 sqft

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This property looks like a bad Airbnb investment with a projected -25.65% first-year return on $210k initial cash invested.

-25.65%

Cash On Cash

0.06%

Cap Rate

0.01

DSCR

$2,040

Rent

-$4,499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$916k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$210k

Downpayment

20%

$183k

Closing costs

1%

$9,164

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,040

Total Expenses

$6,539

Mortgage P&I

219%

$4,462

Property Taxes

25%

$515

Home Insurance

16%

$332

HOA

12%

$250

Property Management

15%

$306

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$510

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