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1211 W Florida St, Greensboro, NC 27403

3 beds • 2 baths • 1154 sqft

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This property could be a profitable Airbnb investment with a projected 16.25% first-year return on $45,279 initial cash invested.

16.25%

Cash On Cash

12.81%

Cap Rate

2.08

DSCR

$2,677

Rent

$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,677

Total Expenses

$2,064

Mortgage P&I

25%

$667

Property Taxes

2%

$66

Home Insurance

2%

$46

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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Comparable Property

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ADR

Beds

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Distance

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2

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

$285

5

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0.6 mi

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