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68 S Harper Faith Way, Benson, NC 27504

3 beds • 3 baths • 2136 sqft

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This property looks like a bad Airbnb investment with a projected -14.38% first-year return on $109k initial cash invested.

-14.38%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$2,424

Rent

-$1,300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,424 income − $3,724 expenses = $1,300 out of pocket

Income$2,424Out of Pocket$1,300Mortgage P&I$2,17790%Property Taxes$2099%Insurance$1536%HOA$211%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,200

Closing costs

1%

$4,310

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,424

Total Expenses

$3,724

Mortgage P&I

90%

$2,177

Property Taxes

9%

$209

Home Insurance

6%

$153

HOA

1%

$21

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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