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8121 Owenston Ct, Raleigh, NC 27612

3 beds • 3 baths • 2195 sqft

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This property looks like a bad Airbnb investment with a projected -18.2% first-year return on $124k initial cash invested.

-18.2%

Cash On Cash

1.72%

Cap Rate

0.29

DSCR

$2,185

Rent

-$1,888

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,185 income − $4,073 expenses = $1,888 out of pocket

Income$2,185Out of Pocket$1,888Mortgage P&I$2,529116%Property Taxes$31214%Insurance$1848%Management$32815%CapEx$874%Maintenance$874%Other$54625%

Investment Breakdown

|

Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,071

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,185

Total Expenses

$4,073

Mortgage P&I

116%

$2,529

Property Taxes

14%

$312

Home Insurance

8%

$184

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

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