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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 -12.73% first-year return on $220k initial cash invested.

-12.73%

Cash On Cash

3.36%

Cap Rate

0.56

DSCR

$5,950

Rent

-$2,335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,950 income − $8,285 expenses = $2,335 out of pocket

Income$5,950Out of Pocket$2,335Mortgage P&I$4,79081%Property Taxes$2023%Insurance$3506%HOA$871%Management$89215%CapEx$2384%Maintenance$2384%Other$1,48825%

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

$5,950

Total Expenses

$8,285

Mortgage P&I

81%

$4,790

Property Taxes

3%

$202

Home Insurance

6%

$350

HOA

1%

$87

Property Management

15%

$892

CapEx

4%

$238

Vacancy

0%

$0

Maintenance

4%

$238

Other

25%

$1,488

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