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112 Nevis Ln, Mooresville, NC 28115

3 beds • 3 baths • 1550 sqft

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This property might be a fair Airbnb investment with a projected 1.83% first-year return on $85,221 initial cash invested.

1.83%

Cash On Cash

7.27%

Cap Rate

1.18

DSCR

$4,241

Rent

$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,241 income − $4,111 expenses = $130 cash flow

Income$4,241Mortgage P&I$1,63839%Property Taxes$2807%Insurance$1143%HOA$431%Management$63615%CapEx$1704%Maintenance$1704%Other$1,06025%Cash Flow$130

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,221

Downpayment

20%

$64,020

Closing costs

1%

$3,201

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,241

Total Expenses

$4,111

Mortgage P&I

39%

$1,638

Property Taxes

7%

$280

Home Insurance

3%

$114

HOA

1%

$43

Property Management

15%

$636

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,060

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