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12119 Canal Dr, Huntersville, NC 28078

3 beds • 3 baths • 2164 sqft

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This property looks like a bad Airbnb investment with a projected -5.34% first-year return on $114k initial cash invested.

-5.34%

Cash On Cash

5.26%

Cap Rate

0.86

DSCR

$4,290

Rent

-$506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,290 income − $4,796 expenses = $506 out of pocket

Income$4,290Out of Pocket$506Mortgage P&I$2,33154%Property Taxes$2426%Insurance$1634%Management$64415%CapEx$1724%Maintenance$1724%Other$1,07225%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,120

Closing costs

1%

$4,556

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,290

Total Expenses

$4,796

Mortgage P&I

54%

$2,331

Property Taxes

6%

$242

Home Insurance

4%

$163

HOA

0%

$0

Property Management

15%

$644

CapEx

4%

$172

Vacancy

0%

$0

Maintenance

4%

$172

Other

25%

$1,072

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