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3001 Sunlight Path Dr, Monroe, NC 28110

3 beds • 2 baths • 1394 sqft

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This property looks like a bad Airbnb investment with a projected -4.12% first-year return on $88,602 initial cash invested.

-4.12%

Cash On Cash

5.16%

Cap Rate

0.89

DSCR

$3,263

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,602

Downpayment

20%

$67,240

Closing costs

1%

$3,362

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,263

Total Expenses

$3,567

Mortgage P&I

50%

$1,618

Property Taxes

6%

$210

Home Insurance

4%

$122

HOA

2%

$50

Property Management

15%

$489

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$816

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