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63 White Oak Drive, Smithfield, NC 27577

3 beds • 3 baths • 2006 sqft

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This property looks like a bad Airbnb investment with a projected -0.63% first-year return on $70,878 initial cash invested.

-0.63%

Cash On Cash

6.47%

Cap Rate

1.07

DSCR

$3,054

Rent

-$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,054 income − $3,091 expenses = $37 out of pocket

Income$3,054Out of Pocket$37Mortgage P&I$1,27242%Property Taxes$2378%Insurance$1164%Management$45815%CapEx$1224%Maintenance$1224%Other$76425%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,878

Downpayment

20%

$50,360

Closing costs

1%

$2,518

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,054

Total Expenses

$3,091

Mortgage P&I

42%

$1,272

Property Taxes

8%

$237

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

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