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78 S Brooks Cove Rd #1, Candler, NC 28715

4 beds • 2 baths • 1768 sqft

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This property looks like a bad Airbnb investment with a projected -3.88% first-year return on $103k initial cash invested.

-3.88%

Cash On Cash

5.56%

Cap Rate

0.9

DSCR

$3,629

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,629 income − $3,961 expenses = $332 out of pocket

Income$3,629Out of Pocket$332Mortgage P&I$1,92353%Property Taxes$1665%Insurance$1314%Management$54415%CapEx$1454%Maintenance$1454%Other$90725%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,629

Total Expenses

$3,961

Mortgage P&I

53%

$1,923

Property Taxes

5%

$166

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$544

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$907

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