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783 Sloan St, Denver, NC 28037

3 beds • 2 baths • 2214 sqft

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This property looks like a bad Airbnb investment with a projected -2.1% first-year return on $114k initial cash invested.

-2.1%

Cash On Cash

5.96%

Cap Rate

1

DSCR

$4,772

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,772 income − $4,972 expenses = $200 out of pocket

Income$4,772Out of Pocket$200Mortgage P&I$2,28948%Property Taxes$2195%Insurance$1734%Management$71615%CapEx$1914%Maintenance$1914%Other$1,19325%

Investment Breakdown

|

Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,800

Closing costs

1%

$4,590

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,772

Total Expenses

$4,972

Mortgage P&I

48%

$2,289

Property Taxes

5%

$219

Home Insurance

4%

$173

HOA

0%

$0

Property Management

15%

$716

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,193

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