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78 Bear Creek Hills Dr, Leicester, NC 28748

3 beds • 2 baths • 1832 sqft

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This property looks like a bad Airbnb investment with a projected -16.1% first-year return on $138k initial cash invested.

-16.1%

Cash On Cash

2.3%

Cap Rate

0.39

DSCR

$2,573

Rent

-$1,851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,573 income − $4,424 expenses = $1,851 out of pocket

Income$2,573Out of Pocket$1,851Mortgage P&I$2,843110%Property Taxes$1405%Insurance$2068%Management$38615%CapEx$1034%Maintenance$1034%Other$64325%

Investment Breakdown

|

Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,712

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,573

Total Expenses

$4,424

Mortgage P&I

110%

$2,843

Property Taxes

5%

$140

Home Insurance

8%

$206

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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