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689 Berke Thomas Rd, Sanford, NC 27330

3 beds • 3 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -10.94% first-year return on $92,865 initial cash invested.

-10.94%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$2,387

Rent

-$847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,387 income − $3,234 expenses = $847 out of pocket

Income$2,387Out of Pocket$847Mortgage P&I$1,77374%Property Taxes$1908%Insurance$1265%Management$35815%CapEx$954%Maintenance$954%Other$59725%

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,865

Downpayment

20%

$71,300

Closing costs

1%

$3,565

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,387

Total Expenses

$3,234

Mortgage P&I

74%

$1,773

Property Taxes

8%

$190

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$597

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