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320 Canvasback Rd, Mooresville, NC 28117

3 beds • 2 baths • 2300 sqft

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This property could be a profitable Airbnb investment with a projected 16.46% first-year return on $146k initial cash invested.

16.46%

Cash On Cash

10.74%

Cap Rate

1.8

DSCR

$10,554

Rent

$2,001

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,554 income − $8,553 expenses = $2,001 cash flow

Income$10,554Mortgage P&I$3,02529%Property Taxes$2442%Insurance$2192%Management$1,58315%CapEx$4224%Maintenance$4224%Other$2,63825%Cash Flow$2,001

Investment Breakdown

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Purchase Price

$609k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,088

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$10,554

Total Expenses

$8,553

Mortgage P&I

29%

$3,025

Property Taxes

2%

$244

Home Insurance

2%

$219

HOA

0%

$0

Property Management

15%

$1,583

CapEx

4%

$422

Vacancy

0%

$0

Maintenance

4%

$422

Other

25%

$2,638

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