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1 Clearview St, Granite Falls, NC 28630

3 beds • 3 baths • 3368 sqft

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This property looks like a bad Airbnb investment with a projected -0.74% first-year return on $94,650 initial cash invested.

-0.74%

Cash On Cash

6.19%

Cap Rate

1.05

DSCR

$3,877

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,877 income − $3,935 expenses = $58 out of pocket

Income$3,877Out of Pocket$58Mortgage P&I$1,78546%Property Taxes$1614%Insurance$1283%Management$58215%CapEx$1554%Maintenance$1554%Other$96925%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,877

Total Expenses

$3,935

Mortgage P&I

46%

$1,785

Property Taxes

4%

$161

Home Insurance

3%

$128

HOA

0%

$0

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$969

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