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909 Woodland Forest Dr, Waxhaw, NC 28173

3 beds • 3 baths • 3201 sqft

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This property looks like a bad Airbnb investment with a projected -20.23% first-year return on $180k initial cash invested.

-20.23%

Cash On Cash

1.45%

Cap Rate

0.24

DSCR

$2,736

Rent

-$3,034

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,736 income − $5,770 expenses = $3,034 out of pocket

Income$2,736Out of Pocket$3,034Mortgage P&I$3,854141%Property Taxes$32812%Insurance$27610%Management$41015%CapEx$1094%Maintenance$1094%Other$68425%

Investment Breakdown

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Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,711

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,736

Total Expenses

$5,770

Mortgage P&I

141%

$3,854

Property Taxes

12%

$328

Home Insurance

10%

$276

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$684

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