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124 Direct Dr, Mooresville, NC 28117

4 beds • 6 baths • 6198 sqft

$1,828,200

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This property might be a fair Airbnb investment with a projected 4.52% first-year return on $408k initial cash invested.

4.52%

Cash On Cash

7.52%

Cap Rate

1.27

DSCR

$22,770

Rent

$1,537

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1828k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$408k

Downpayment

20%

$366k

Closing costs

1%

$18,282

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$22,770

Total Expenses

$21,233

Mortgage P&I

40%

$9,005

Property Taxes

2%

$516

Home Insurance

3%

$663

HOA

1%

$119

Property Management

15%

$3,416

CapEx

4%

$911

Vacancy

0%

$0

Maintenance

4%

$911

Other

25%

$5,692

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