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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 -21.65% first-year return on $93,600 initial cash invested.

-21.65%

Cash On Cash

0.37%

Cap Rate

0.06

DSCR

$722

Rent

-$1,689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$722 income − $2,411 expenses = $1,689 out of pocket

Income$722Out of Pocket$1,689Mortgage P&I$1,770245%Property Taxes$16923%Insurance$12617%Management$10815%CapEx$294%Maintenance$294%Other$18025%

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

$722

Total Expenses

$2,411

Mortgage P&I

245%

$1,770

Property Taxes

23%

$169

Home Insurance

17%

$126

HOA

0%

$0

Property Management

15%

$108

CapEx

4%

$29

Vacancy

0%

$0

Maintenance

4%

$29

Other

25%

$180

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