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9 Edgestone Pl, Chapel Hill, NC 27517

3 beds • 2 baths • 1409 sqft

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This property looks like a bad Airbnb investment with a projected -16.48% first-year return on $128k initial cash invested.

-16.48%

Cash On Cash

2.45%

Cap Rate

0.39

DSCR

$2,986

Rent

-$1,763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $4,749 expenses = $1,763 out of pocket

Income$2,986Out of Pocket$1,763Mortgage P&I$2,71691%Property Taxes$40814%Insurance$1896%HOA$4Management$44815%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,257

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$4,749

Mortgage P&I

91%

$2,716

Property Taxes

14%

$408

Home Insurance

6%

$189

HOA

0%

$4

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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