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8 W Haven Ln, Arden, NC 28704

3 beds • 3 baths • 2183 sqft

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This property looks like a bad Airbnb investment with a projected -19.46% first-year return on $163k initial cash invested.

-19.46%

Cash On Cash

1.88%

Cap Rate

0.3

DSCR

$2,822

Rent

-$2,637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,822 income − $5,459 expenses = $2,637 out of pocket

Income$2,822Out of Pocket$2,637Mortgage P&I$3,603128%Property Taxes$2569%Insurance$2459%Management$42315%CapEx$1134%Maintenance$1134%Other$70625%

Investment Breakdown

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Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,887

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,822

Total Expenses

$5,459

Mortgage P&I

128%

$3,603

Property Taxes

9%

$256

Home Insurance

9%

$245

HOA

0%

$0

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$706

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