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1548 Castell Ln, Hickory, NC 28601

3 beds • 2 baths • 1746 sqft

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This property looks like a bad Airbnb investment with a projected -3.08% first-year return on $83,751 initial cash invested.

-3.08%

Cash On Cash

5.54%

Cap Rate

0.94

DSCR

$2,991

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,206

Mortgage P&I

52%

$1,541

Property Taxes

4%

$116

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

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