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6416 Bissette Rd, Wendell, NC 27591

3 beds • 4 baths • 3357 sqft

$1,167,800

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This property looks like a bad Airbnb investment with a projected -22.83% first-year return on $263k initial cash invested.

-22.83%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$3,240

Rent

-$5,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,240 income − $8,248 expenses = $5,008 out of pocket

Income$3,240Out of Pocket$5,008Mortgage P&I$5,811179%Property Taxes$46114%Insurance$42013%Management$48615%CapEx$1304%Maintenance$1304%Other$81025%

Investment Breakdown

|

Purchase Price

$1168k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$263k

Downpayment

20%

$234k

Closing costs

1%

$11,678

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,240

Total Expenses

$8,248

Mortgage P&I

179%

$5,811

Property Taxes

14%

$461

Home Insurance

13%

$420

HOA

0%

$0

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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