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347 Valleyview Dr, Rutherfordton, NC 28018

3 beds • 2 baths • 1934 sqft

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This property looks like a bad Airbnb investment with a projected -13.54% first-year return on $129k initial cash invested.

-13.54%

Cash On Cash

2.86%

Cap Rate

0.49

DSCR

$3,183

Rent

-$1,451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,183 income − $4,634 expenses = $1,451 out of pocket

Income$3,183Out of Pocket$1,451Mortgage P&I$2,57981%Property Taxes$2989%Insurance$1926%HOA$381%Management$47715%CapEx$1274%Maintenance$1274%Other$79625%

Investment Breakdown

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Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,267

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$4,634

Mortgage P&I

81%

$2,579

Property Taxes

9%

$298

Home Insurance

6%

$192

HOA

1%

$38

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

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