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678 Brown Ave, Waynesville, NC 28786

3 beds • 1 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -9.2% first-year return on $86,250 initial cash invested.

-9.2%

Cash On Cash

4.01%

Cap Rate

0.66

DSCR

$2,429

Rent

-$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $3,090 expenses = $661 out of pocket

Income$2,429Out of Pocket$661Mortgage P&I$1,64968%Property Taxes$1627%Insurance$1145%Management$36415%CapEx$974%Maintenance$974%Other$60725%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,429

Total Expenses

$3,090

Mortgage P&I

68%

$1,649

Property Taxes

7%

$162

Home Insurance

5%

$114

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$607

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