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143 Allen Dale Ln, Lincolnton, NC 28092

3 beds • 2 baths • 1080 sqft

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This property looks like a bad Airbnb investment with a projected -4.38% first-year return on $66,006 initial cash invested.

-4.38%

Cash On Cash

5.48%

Cap Rate

0.88

DSCR

$2,298

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,298 income − $2,539 expenses = $241 out of pocket

Income$2,298Out of Pocket$241Mortgage P&I$1,19252%Property Taxes$1567%Insurance$884%Management$34515%CapEx$924%Maintenance$924%Other$57425%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,006

Downpayment

20%

$45,720

Closing costs

1%

$2,286

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,298

Total Expenses

$2,539

Mortgage P&I

52%

$1,192

Property Taxes

7%

$156

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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