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2500 Grayson Pkwy, Monroe, NC 28110

3 beds • 2 baths • 2002 sqft

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This property looks like a bad Airbnb investment with a projected -6.47% first-year return on $105k initial cash invested.

-6.47%

Cash On Cash

4.53%

Cap Rate

0.78

DSCR

$3,382

Rent

-$567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,382

Total Expenses

$3,949

Mortgage P&I

59%

$1,998

Property Taxes

5%

$162

Home Insurance

4%

$145

HOA

1%

$21

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$846

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