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2079 Icard Ridge Rd, Taylorsville, NC 28681

3 beds • 2 baths • 1701 sqft

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This property looks like a bad Airbnb investment with a projected -11.02% first-year return on $115k initial cash invested.

-11.02%

Cash On Cash

3.49%

Cap Rate

0.59

DSCR

$3,024

Rent

-$1,052

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,024

Total Expenses

$4,076

Mortgage P&I

75%

$2,270

Property Taxes

6%

$170

Home Insurance

6%

$184

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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