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8803 Sawmill Creek Lane, Wilmington, NC 28411

3 beds • 4 baths • 3100 sqft

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This property looks like a bad Airbnb investment with a projected -17.49% first-year return on $220k initial cash invested.

-17.49%

Cash On Cash

2.19%

Cap Rate

0.37

DSCR

$4,272

Rent

-$3,208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,272 income − $7,480 expenses = $3,208 out of pocket

Income$4,272Out of Pocket$3,208Mortgage P&I$4,790112%Property Taxes$2025%Insurance$3508%HOA$872%Management$64115%CapEx$1714%Maintenance$1714%Other$1,06825%

Investment Breakdown

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Purchase Price

$962k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$220k

Downpayment

20%

$192k

Closing costs

1%

$9,623

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,272

Total Expenses

$7,480

Mortgage P&I

112%

$4,790

Property Taxes

5%

$202

Home Insurance

8%

$350

HOA

2%

$87

Property Management

15%

$641

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,068

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