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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 -3.35% first-year return on $114k initial cash invested.

-3.35%

Cash On Cash

5.63%

Cap Rate

0.94

DSCR

$4,543

Rent

-$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,543 income − $4,862 expenses = $319 out of pocket

Income$4,543Out of Pocket$319Mortgage P&I$2,28950%Property Taxes$2195%Insurance$1734%Management$68115%CapEx$1824%Maintenance$1824%Other$1,13625%

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

$4,543

Total Expenses

$4,862

Mortgage P&I

50%

$2,289

Property Taxes

5%

$219

Home Insurance

4%

$173

HOA

0%

$0

Property Management

15%

$681

CapEx

4%

$182

Vacancy

0%

$0

Maintenance

4%

$182

Other

25%

$1,136

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