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1608 Russell Courtney Rd, Monroe, NC 28112

3 beds • 2 baths • 1320 sqft

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This property might be a fair Airbnb investment with a projected 0.35% first-year return on $86,250 initial cash invested.

0.35%

Cash On Cash

6.64%

Cap Rate

1.1

DSCR

$3,466

Rent

$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,466 income − $3,441 expenses = $25 cash flow

Income$3,466Mortgage P&I$1,63547%Property Taxes$281%Insurance$1143%Management$52015%CapEx$1394%Maintenance$1394%Other$86625%Cash Flow$25

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,466

Total Expenses

$3,441

Mortgage P&I

47%

$1,635

Property Taxes

1%

$28

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$520

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$866

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