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7600 Copper Creek Ct, Wake Forest, NC 27587

3 beds • 3 baths • 2448 sqft

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This property looks like a bad Airbnb investment with a projected -11.85% first-year return on $130k initial cash invested.

-11.85%

Cash On Cash

3.49%

Cap Rate

0.58

DSCR

$3,588

Rent

-$1,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,588 income − $4,871 expenses = $1,283 out of pocket

Income$3,588Out of Pocket$1,283Mortgage P&I$2,69075%Property Taxes$2607%Insurance$1925%HOA$6Management$53815%CapEx$1444%Maintenance$1444%Other$89725%

Investment Breakdown

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Purchase Price

$533k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,330

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,588

Total Expenses

$4,871

Mortgage P&I

75%

$2,690

Property Taxes

7%

$260

Home Insurance

5%

$192

HOA

0%

$6

Property Management

15%

$538

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$897

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