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9317 Springdale Dr, Raleigh, NC 27613

3 beds • 2 baths • 2225 sqft

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This property looks like a bad Airbnb investment with a projected -17.97% first-year return on $156k initial cash invested.

-17.97%

Cash On Cash

2.56%

Cap Rate

0.39

DSCR

$3,479

Rent

-$2,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,479 income − $5,809 expenses = $2,330 out of pocket

Income$3,479Out of Pocket$2,330Mortgage P&I$3,589103%Property Taxes$3049%Insurance$2367%HOA$10Management$52215%CapEx$1394%Maintenance$1394%Other$87025%

Investment Breakdown

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Purchase Price

$655k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,552

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,479

Total Expenses

$5,809

Mortgage P&I

103%

$3,589

Property Taxes

9%

$304

Home Insurance

7%

$236

HOA

0%

$10

Property Management

15%

$522

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$870

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