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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 -1.58% first-year return on $94,650 initial cash invested.

-1.58%

Cash On Cash

5.95%

Cap Rate

1.01

DSCR

$3,748

Rent

-$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,748 income − $3,873 expenses = $125 out of pocket

Income$3,748Out of Pocket$125Mortgage P&I$1,78548%Property Taxes$1614%Insurance$1283%Management$56215%CapEx$1504%Maintenance$1504%Other$93725%

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

$3,748

Total Expenses

$3,873

Mortgage P&I

48%

$1,785

Property Taxes

4%

$161

Home Insurance

3%

$128

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$937

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