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110 Southwick Ct, Fletcher, NC 28732

3 beds • 3 baths • 1794 sqft

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This property looks like a bad Airbnb investment with a projected -13.75% first-year return on $113k initial cash invested.

-13.75%

Cash On Cash

2.58%

Cap Rate

0.45

DSCR

$2,272

Rent

-$1,292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,272 income − $3,564 expenses = $1,292 out of pocket

Income$2,272Out of Pocket$1,292Mortgage P&I$2,17396%Property Taxes$1396%Insurance$1617%Management$34115%CapEx$914%Maintenance$914%Other$56825%

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,280

Closing costs

1%

$4,514

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,272

Total Expenses

$3,564

Mortgage P&I

96%

$2,173

Property Taxes

6%

$139

Home Insurance

7%

$161

HOA

0%

$0

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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