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7325 Lake Wheeler Rd, Raleigh, NC 27603

3 beds • 3 baths • 1920 sqft

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This property looks like a bad Airbnb investment with a projected -13.09% first-year return on $110k initial cash invested.

-13.09%

Cash On Cash

3.08%

Cap Rate

0.51

DSCR

$2,719

Rent

-$1,202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,719 income − $3,921 expenses = $1,202 out of pocket

Income$2,719Out of Pocket$1,202Mortgage P&I$2,21882%Property Taxes$2439%Insurance$1546%Management$40815%CapEx$1094%Maintenance$1094%Other$68025%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,719

Total Expenses

$3,921

Mortgage P&I

82%

$2,218

Property Taxes

9%

$243

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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