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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 -12.32% first-year return on $130k initial cash invested.

-12.32%

Cash On Cash

3.37%

Cap Rate

0.56

DSCR

$3,491

Rent

-$1,334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,491 income − $4,825 expenses = $1,334 out of pocket

Income$3,491Out of Pocket$1,334Mortgage P&I$2,69077%Property Taxes$2607%Insurance$1925%HOA$6Management$52415%CapEx$1404%Maintenance$1404%Other$87325%

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

$3,491

Total Expenses

$4,825

Mortgage P&I

77%

$2,690

Property Taxes

7%

$260

Home Insurance

6%

$192

HOA

0%

$6

Property Management

15%

$524

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$873

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