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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 -6.78% first-year return on $113k initial cash invested.

-6.78%

Cash On Cash

4.46%

Cap Rate

0.77

DSCR

$3,530

Rent

-$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,530

Total Expenses

$4,167

Mortgage P&I

62%

$2,173

Property Taxes

4%

$139

Home Insurance

5%

$161

HOA

0%

$0

Property Management

15%

$530

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

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