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620 Sykes St, Chapel Hill, NC 27516

2 beds • 1 baths • sqft

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This property looks like a bad Airbnb investment with a projected -4.38% first-year return on $78,402 initial cash invested.

-4.38%

Cash On Cash

5.37%

Cap Rate

0.9

DSCR

$3,239

Rent

-$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,402

Downpayment

20%

$63,240

Closing costs

1%

$3,162

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$3,239

Total Expenses

$3,525

Mortgage P&I

49%

$1,572

Property Taxes

9%

$295

Home Insurance

3%

$102

HOA

0%

$0

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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