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206 Price St, Mount Holly, NC 28120

3 beds • 2 baths • 1966 sqft

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This property looks like a bad Airbnb investment with a projected -10.72% first-year return on $104k initial cash invested.

-10.72%

Cash On Cash

3.74%

Cap Rate

0.61

DSCR

$3,139

Rent

-$931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,139 income − $4,070 expenses = $931 out of pocket

Income$3,139Out of Pocket$931Mortgage P&I$2,08466%Property Taxes$33411%Insurance$1445%Management$47115%CapEx$1264%Maintenance$1264%Other$78525%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,140

Closing costs

1%

$4,107

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,139

Total Expenses

$4,070

Mortgage P&I

66%

$2,084

Property Taxes

11%

$334

Home Insurance

5%

$144

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$785

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