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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 -18.58% first-year return on $105k initial cash invested.

-18.58%

Cash On Cash

1.23%

Cap Rate

0.21

DSCR

$1,344

Rent

-$1,628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,344 income − $2,972 expenses = $1,628 out of pocket

Income$1,344Out of Pocket$1,628Mortgage P&I$1,998149%Property Taxes$16212%Insurance$14511%HOA$212%Management$20215%CapEx$544%Maintenance$544%Other$33625%

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

$1,344

Total Expenses

$2,972

Mortgage P&I

149%

$1,998

Property Taxes

12%

$162

Home Insurance

11%

$145

HOA

2%

$21

Property Management

15%

$202

CapEx

4%

$54

Vacancy

0%

$0

Maintenance

4%

$54

Other

25%

$336

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