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1412 Hobbs Rd, Greensboro, NC 27410

4 beds • 3 baths • 3073 sqft

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This property looks like a bad Airbnb investment with a projected -7.32% first-year return on $131k initial cash invested.

-7.32%

Cash On Cash

4.07%

Cap Rate

0.73

DSCR

$4,039

Rent

-$801

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$511k

Downpayment

20.0%

Interest Rate

5.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$102k

Closing costs

1%

$5,109

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$4,039

Total Expenses

$4,840

Mortgage P&I

59%

$2,372

Property Taxes

9%

$344

Home Insurance

5%

$184

HOA

0%

$0

Property Management

15%

$606

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,010

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