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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 -16.4% first-year return on $128k initial cash invested.

-16.4%

Cash On Cash

2.47%

Cap Rate

0.4

DSCR

$3,004

Rent

-$1,755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $4,759 expenses = $1,755 out of pocket

Income$3,004Out of Pocket$1,755Mortgage P&I$2,71690%Property Taxes$40814%Insurance$1896%HOA$4Management$45115%CapEx$1204%Maintenance$1204%Other$75125%

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

$3,004

Total Expenses

$4,759

Mortgage P&I

90%

$2,716

Property Taxes

14%

$408

Home Insurance

6%

$189

HOA

0%

$4

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$751

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