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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 -19.22% first-year return on $124k initial cash invested.

-19.22%

Cash On Cash

1.45%

Cap Rate

0.24

DSCR

$1,981

Rent

-$1,994

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,981 income − $3,975 expenses = $1,994 out of pocket

Income$1,981Out of Pocket$1,994Mortgage P&I$2,529128%Property Taxes$31216%Insurance$1849%Management$29715%CapEx$794%Maintenance$794%Other$49525%

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

$1,981

Total Expenses

$3,975

Mortgage P&I

128%

$2,529

Property Taxes

16%

$312

Home Insurance

9%

$184

HOA

0%

$0

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$495

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