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7220 Clear Spring Dr, Fayetteville, NC 28314

3 beds • 2 baths • 1268 sqft

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This property might be a fair Airbnb investment with a projected 2.3% first-year return on $63,696 initial cash invested.

2.3%

Cash On Cash

7.49%

Cap Rate

1.21

DSCR

$2,937

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,937 income − $2,815 expenses = $122 cash flow

Income$2,937Mortgage P&I$1,12038%Property Taxes$2087%Insurance$783%Management$44115%CapEx$1174%Maintenance$1174%Other$73425%Cash Flow$122

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,696

Downpayment

20%

$43,520

Closing costs

1%

$2,176

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,937

Total Expenses

$2,815

Mortgage P&I

38%

$1,120

Property Taxes

7%

$208

Home Insurance

3%

$78

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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