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701 Royal Tower Way, Cary, NC 27513

4 beds • 4 baths • 4445 sqft

$1,013,200

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This property looks like a bad Airbnb investment with a projected -19.45% first-year return on $237k initial cash invested.

-19.45%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$4,309

Rent

-$3,838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1013k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$237k

Downpayment

20%

$203k

Closing costs

1%

$10,132

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$4,309

Total Expenses

$8,147

Mortgage P&I

115%

$4,972

Property Taxes

16%

$687

Home Insurance

9%

$368

HOA

1%

$53

Property Management

15%

$646

CapEx

4%

$172

Vacancy

0%

$0

Maintenance

4%

$172

Other

25%

$1,077

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Comparable Property

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5

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5

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0.6 mi

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$1,100

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2

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$2,850

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5

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