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63 Opie Frazier Rd, Henderson, NC 27537

3 beds • 3 baths • 3110 sqft

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This property looks like a bad Airbnb investment with a projected -9.73% first-year return on $93,600 initial cash invested.

-9.73%

Cash On Cash

3.7%

Cap Rate

0.63

DSCR

$2,510

Rent

-$759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,510 income − $3,269 expenses = $759 out of pocket

Income$2,510Out of Pocket$759Mortgage P&I$1,77071%Property Taxes$1697%Insurance$1265%Management$37615%CapEx$1004%Maintenance$1004%Other$62825%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,510

Total Expenses

$3,269

Mortgage P&I

71%

$1,770

Property Taxes

7%

$169

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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