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96 Crystal Lake Dr, Hendersonville, NC 28739

3 beds • 3 baths • 2168 sqft

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This property looks like a bad Airbnb investment with a projected -18.83% first-year return on $197k initial cash invested.

-18.83%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$3,504

Rent

-$3,084

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,504 income − $6,588 expenses = $3,084 out of pocket

Income$3,504Out of Pocket$3,084Mortgage P&I$4,267122%Property Taxes$2778%Insurance$2989%HOA$642%Management$52615%CapEx$1404%Maintenance$1404%Other$87625%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,504

Total Expenses

$6,588

Mortgage P&I

122%

$4,267

Property Taxes

8%

$277

Home Insurance

9%

$298

HOA

2%

$64

Property Management

15%

$526

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$876

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