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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 0.75% first-year return on $63,696 initial cash invested.

0.75%

Cash On Cash

7.01%

Cap Rate

1.13

DSCR

$2,780

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,780 income − $2,740 expenses = $40 cash flow

Income$2,780Mortgage P&I$1,12040%Property Taxes$2087%Insurance$783%Management$41715%CapEx$1114%Maintenance$1114%Other$69525%Cash Flow$40

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

$2,780

Total Expenses

$2,740

Mortgage P&I

40%

$1,120

Property Taxes

7%

$208

Home Insurance

3%

$78

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$695

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