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8509 Ashwood Dr, Raleigh, NC 27603

3 beds • 3 baths • 2048 sqft

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This property looks like a bad Airbnb investment with a projected -18.75% first-year return on $123k initial cash invested.

-18.75%

Cash On Cash

2.19%

Cap Rate

0.33

DSCR

$2,363

Rent

-$1,916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,363 income − $4,279 expenses = $1,916 out of pocket

Income$2,363Out of Pocket$1,916Mortgage P&I$2,729115%Property Taxes$23510%Insurance$1808%Management$35415%CapEx$954%Maintenance$954%Other$59125%

Investment Breakdown

|

Purchase Price

$498k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,660

Closing costs

1%

$4,983

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,363

Total Expenses

$4,279

Mortgage P&I

115%

$2,729

Property Taxes

10%

$235

Home Insurance

8%

$180

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$591

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