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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 -17.42% first-year return on $91,185 initial cash invested.

-17.42%

Cash On Cash

1.81%

Cap Rate

0.29

DSCR

$1,514

Rent

-$1,324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,514 income − $2,838 expenses = $1,324 out of pocket

Income$1,514Out of Pocket$1,324Mortgage P&I$1,790118%Property Taxes$19513%Insurance$1268%Management$22715%CapEx$614%Maintenance$614%Other$37825%

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

$1,514

Total Expenses

$2,838

Mortgage P&I

118%

$1,790

Property Taxes

13%

$195

Home Insurance

8%

$126

HOA

0%

$0

Property Management

15%

$227

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$378

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