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141 Wren Hill Dr, Mooresville, NC 28115

3 beds • 2 baths • 1973 sqft

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This property looks like a bad Airbnb investment with a projected -14.88% first-year return on $106k initial cash invested.

-14.88%

Cash On Cash

2.42%

Cap Rate

0.41

DSCR

$2,698

Rent

-$1,319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$421k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,140

Closing costs

1%

$4,207

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,698

Total Expenses

$4,017

Mortgage P&I

76%

$2,060

Property Taxes

14%

$372

Home Insurance

6%

$150

HOA

5%

$140

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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