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278 Almora Loop, Mooresville, NC 28115

3 beds • 4 baths • 2575 sqft

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This property looks like a bad Airbnb investment with a projected -15.29% first-year return on $115k initial cash invested.

-15.29%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$2,845

Rent

-$1,466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,845 income − $4,311 expenses = $1,466 out of pocket

Income$2,845Out of Pocket$1,466Mortgage P&I$2,31081%Property Taxes$43615%Insurance$1576%HOA$421%Management$42715%CapEx$1144%Maintenance$1144%Other$71125%

Investment Breakdown

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Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,440

Closing costs

1%

$4,622

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,845

Total Expenses

$4,311

Mortgage P&I

81%

$2,310

Property Taxes

15%

$436

Home Insurance

6%

$157

HOA

1%

$42

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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