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929 Old Baron Dr, Fuquay Varina, NC 27526

3 beds • 3 baths • 2222 sqft

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This property looks like a bad Airbnb investment with a projected -16.01% first-year return on $134k initial cash invested.

-16.01%

Cash On Cash

2.09%

Cap Rate

0.36

DSCR

$2,773

Rent

-$1,791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$554k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,537

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,773

Total Expenses

$4,564

Mortgage P&I

95%

$2,644

Property Taxes

14%

$390

Home Insurance

7%

$199

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$693

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