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1910 26th St NE, Hickory, NC 28601

3 beds • 2 baths • 1671 sqft

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This property looks like a bad Airbnb investment with a projected -4.91% first-year return on $75,330 initial cash invested.

-4.91%

Cash On Cash

5.06%

Cap Rate

0.85

DSCR

$2,536

Rent

-$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,536 income − $2,844 expenses = $308 out of pocket

Income$2,536Out of Pocket$308Mortgage P&I$1,35954%Property Taxes$1767%Insurance$934%Management$38015%CapEx$1014%Maintenance$1014%Other$63425%

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,330

Downpayment

20%

$54,600

Closing costs

1%

$2,730

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,536

Total Expenses

$2,844

Mortgage P&I

54%

$1,359

Property Taxes

7%

$176

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$634

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