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825 Blue Lake Dr, Mebane, NC 27302

3 beds • 3 baths • 1871 sqft

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This property looks like a bad Airbnb investment with a projected -12% first-year return on $88,812 initial cash invested.

-12%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$2,370

Rent

-$888

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,370 income − $3,258 expenses = $888 out of pocket

Income$2,370Out of Pocket$888Mortgage P&I$1,68671%Property Taxes$28312%Insurance$1195%HOA$321%Management$35615%CapEx$954%Maintenance$954%Other$59225%

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,812

Downpayment

20%

$67,440

Closing costs

1%

$3,372

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,370

Total Expenses

$3,258

Mortgage P&I

71%

$1,686

Property Taxes

12%

$283

Home Insurance

5%

$119

HOA

1%

$32

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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