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960 Middle Connestee Trl, Brevard, NC 28712

3 beds • 2 baths • 1717 sqft

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This property looks like a bad Airbnb investment with a projected -15.06% first-year return on $168k initial cash invested.

-15.06%

Cash On Cash

2.55%

Cap Rate

0.44

DSCR

$4,102

Rent

-$2,110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,102 income − $6,212 expenses = $2,110 out of pocket

Income$4,102Out of Pocket$2,110Mortgage P&I$3,46484%Property Taxes$1684%Insurance$2596%HOA$3529%Management$61515%CapEx$1644%Maintenance$1644%Other$1,02625%

Investment Breakdown

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Purchase Price

$715k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,102

Total Expenses

$6,212

Mortgage P&I

84%

$3,464

Property Taxes

4%

$168

Home Insurance

6%

$259

HOA

9%

$352

Property Management

15%

$615

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,026

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