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6019 Us Highway 301 S, Hope Mills, NC 28348

3 beds • 3 baths • 2236 sqft

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This property looks like a bad Airbnb investment with a projected -1.97% first-year return on $84,129 initial cash invested.

-1.97%

Cash On Cash

6.02%

Cap Rate

1

DSCR

$3,368

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $3,506 expenses = $138 out of pocket

Income$3,368Out of Pocket$138Mortgage P&I$1,58447%Property Taxes$1956%Insurance$1103%Management$50515%CapEx$1354%Maintenance$1354%Other$84225%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,368

Total Expenses

$3,506

Mortgage P&I

47%

$1,584

Property Taxes

6%

$195

Home Insurance

3%

$110

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

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