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79 Starnes Cove Rd, Asheville, NC 28806

3 beds • 2 baths • 3120 sqft

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This property might be a fair Airbnb investment with a projected 6.5% first-year return on $66,300 initial cash invested.

6.5%

Cash On Cash

9.33%

Cap Rate

1.39

DSCR

$3,519

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,519 income − $3,160 expenses = $359 cash flow

Income$3,519Mortgage P&I$1,28837%Property Taxes$1023%Insurance$802%Management$52815%CapEx$1414%Maintenance$1414%Other$88025%Cash Flow$359

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,519

Total Expenses

$3,160

Mortgage P&I

37%

$1,288

Property Taxes

3%

$102

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$528

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$880

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