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7802 Surry Ln, Indian Trail, NC 28079

3 beds • 3 baths • 2066 sqft

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This property looks like a bad Airbnb investment with a projected -4.05% first-year return on $120k initial cash invested.

-4.05%

Cash On Cash

5.21%

Cap Rate

0.9

DSCR

$4,435

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,435 income − $4,841 expenses = $406 out of pocket

Income$4,435Out of Pocket$406Mortgage P&I$2,34853%Property Taxes$1904%Insurance$1754%Management$66515%CapEx$1774%Maintenance$1774%Other$1,10925%

Investment Breakdown

|

Purchase Price

$488k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,520

Closing costs

1%

$4,876

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,435

Total Expenses

$4,841

Mortgage P&I

53%

$2,348

Property Taxes

4%

$190

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$665

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,109

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