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163 Sherry St, Rutherfordton, NC 28139

3 beds • 3 baths • 1863 sqft

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This property looks like a bad Airbnb investment with a projected -17.66% first-year return on $91,185 initial cash invested.

-17.66%

Cash On Cash

1.75%

Cap Rate

0.28

DSCR

$1,479

Rent

-$1,342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,479 income − $2,821 expenses = $1,342 out of pocket

Income$1,479Out of Pocket$1,342Mortgage P&I$1,790121%Property Taxes$19513%Insurance$1269%Management$22215%CapEx$594%Maintenance$594%Other$37025%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,185

Downpayment

20%

$69,700

Closing costs

1%

$3,485

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,479

Total Expenses

$2,821

Mortgage P&I

121%

$1,790

Property Taxes

13%

$195

Home Insurance

9%

$126

HOA

0%

$0

Property Management

15%

$222

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$370

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