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917 Hillview Dr, Cary, NC 27511

3 beds • 2 baths • 1679 sqft

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This property looks like a bad Airbnb investment with a projected -10.01% first-year return on $126k initial cash invested.

-10.01%

Cash On Cash

3.89%

Cap Rate

0.65

DSCR

$3,809

Rent

-$1,052

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,809 income − $4,861 expenses = $1,052 out of pocket

Income$3,809Out of Pocket$1,052Mortgage P&I$2,57167%Property Taxes$2837%Insurance$1805%Management$57115%CapEx$1524%Maintenance$1524%Other$95225%

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,809

Total Expenses

$4,861

Mortgage P&I

68%

$2,571

Property Taxes

7%

$283

Home Insurance

5%

$180

HOA

0%

$0

Property Management

15%

$571

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$952

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