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3328 Sulphur Springs Rd NE, Hickory, NC 28601

3 beds • 2 baths • 1781 sqft

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This property looks like a bad Airbnb investment with a projected -1.34% first-year return on $97,590 initial cash invested.

-1.34%

Cash On Cash

5.99%

Cap Rate

1.02

DSCR

$3,701

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,701

Total Expenses

$3,810

Mortgage P&I

50%

$1,854

Property Taxes

1%

$47

Home Insurance

4%

$133

HOA

0%

$0

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$925

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