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594 Highgate Road, Franklin, NC 28741

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -16.44% first-year return on $208k initial cash invested.

-16.44%

Cash On Cash

2.37%

Cap Rate

0.4

DSCR

$4,449

Rent

-$2,848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,449 income − $7,297 expenses = $2,848 out of pocket

Income$4,449Out of Pocket$2,848Mortgage P&I$4,453100%Property Taxes$1523%Insurance$3327%HOA$2255%Management$66715%CapEx$1784%Maintenance$1784%Other$1,11225%

Investment Breakdown

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Purchase Price

$904k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$208k

Downpayment

20%

$181k

Closing costs

1%

$9,042

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,449

Total Expenses

$7,297

Mortgage P&I

100%

$4,453

Property Taxes

3%

$152

Home Insurance

7%

$332

HOA

5%

$225

Property Management

15%

$667

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,112

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