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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 -5.78% first-year return on $114k initial cash invested.

-5.78%

Cash On Cash

5.14%

Cap Rate

0.84

DSCR

$4,207

Rent

-$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,207 income − $4,755 expenses = $548 out of pocket

Income$4,207Out of Pocket$548Mortgage P&I$2,33155%Property Taxes$2426%Insurance$1634%Management$63115%CapEx$1684%Maintenance$1684%Other$1,05225%

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

$4,207

Total Expenses

$4,755

Mortgage P&I

55%

$2,331

Property Taxes

6%

$242

Home Insurance

4%

$163

HOA

0%

$0

Property Management

15%

$631

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,052

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