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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 -11.77% first-year return on $93,600 initial cash invested.

-11.77%

Cash On Cash

3.13%

Cap Rate

0.53

DSCR

$2,206

Rent

-$918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,206 income − $3,124 expenses = $918 out of pocket

Income$2,206Out of Pocket$918Mortgage P&I$1,77080%Property Taxes$1698%Insurance$1266%Management$33115%CapEx$884%Maintenance$884%Other$55225%

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

$2,206

Total Expenses

$3,124

Mortgage P&I

80%

$1,770

Property Taxes

8%

$169

Home Insurance

6%

$126

HOA

0%

$0

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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