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2139 Zion Church Rd, Hickory, NC 28602

3 beds • 3 baths • 2930 sqft

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This property looks like a bad Airbnb investment with a projected -23.48% first-year return on $173k initial cash invested.

-23.48%

Cash On Cash

1.21%

Cap Rate

0.18

DSCR

$2,354

Rent

-$3,380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,354 income − $5,734 expenses = $3,380 out of pocket

Income$2,354Out of Pocket$3,380Mortgage P&I$4,028171%Property Taxes$33214%Insurance$24510%Management$35315%CapEx$944%Maintenance$944%Other$58825%

Investment Breakdown

|

Purchase Price

$737k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$147k

Closing costs

1%

$7,369

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,354

Total Expenses

$5,734

Mortgage P&I

171%

$4,028

Property Taxes

14%

$332

Home Insurance

10%

$245

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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