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6112 Lea Ray Dr, Greensboro, NC 27410

3 beds • 2 baths • 2067 sqft

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This property looks like a bad Airbnb investment with a projected -7.74% first-year return on $99,879 initial cash invested.

-7.74%

Cash On Cash

4.31%

Cap Rate

0.73

DSCR

$3,129

Rent

-$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,129

Total Expenses

$3,773

Mortgage P&I

61%

$1,918

Property Taxes

7%

$218

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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