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123 James St, Kannapolis, NC 28083

3 beds • 1 baths • 1140 sqft

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This property looks like a bad Airbnb investment with a projected -5.37% first-year return on $58,782 initial cash invested.

-5.37%

Cash On Cash

4.54%

Cap Rate

0.79

DSCR

$1,684

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,782

Downpayment

20%

$38,840

Closing costs

1%

$1,942

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,684

Total Expenses

$1,947

Mortgage P&I

55%

$931

Property Taxes

8%

$129

Home Insurance

5%

$79

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$421

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