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2307 Tanner Rd, Marshville, NC 28103

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Airbnb investment with a projected -10.34% first-year return on $79,740 initial cash invested.

-10.34%

Cash On Cash

3.53%

Cap Rate

0.59

DSCR

$1,921

Rent

-$687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,921 income − $2,608 expenses = $687 out of pocket

Income$1,921Out of Pocket$687Mortgage P&I$1,47677%Property Taxes$1005%Insurance$1106%Management$28815%CapEx$774%Maintenance$774%Other$48025%

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,740

Downpayment

20%

$58,800

Closing costs

1%

$2,940

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,921

Total Expenses

$2,608

Mortgage P&I

77%

$1,476

Property Taxes

5%

$100

Home Insurance

6%

$110

HOA

0%

$0

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$480

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