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1410 Mays Chapel Church Rd, Newton, NC 28658

3 beds • 3 baths • 1418 sqft

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This property looks like a bad Airbnb investment with a projected -10.7% first-year return on $99,102 initial cash invested.

-10.7%

Cash On Cash

3.56%

Cap Rate

0.59

DSCR

$2,536

Rent

-$884

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,536 income − $3,420 expenses = $884 out of pocket

Income$2,536Out of Pocket$884Mortgage P&I$1,92876%Property Taxes$1365%Insurance$1406%Management$38015%CapEx$1014%Maintenance$1014%Other$63425%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,102

Downpayment

20%

$77,240

Closing costs

1%

$3,862

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,536

Total Expenses

$3,420

Mortgage P&I

76%

$1,928

Property Taxes

5%

$136

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$634

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