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35 Meadow Pathway Dr, Fletcher, NC 28732

3 beds • 2 baths • 1688 sqft

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This property looks like a bad Airbnb investment with a projected -12.75% first-year return on $108k initial cash invested.

-12.75%

Cash On Cash

3.09%

Cap Rate

0.51

DSCR

$2,631

Rent

-$1,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,631 income − $3,781 expenses = $1,150 out of pocket

Income$2,631Out of Pocket$1,150Mortgage P&I$2,15082%Property Taxes$1315%Insurance$1405%HOA$974%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,940

Closing costs

1%

$4,297

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,631

Total Expenses

$3,781

Mortgage P&I

82%

$2,150

Property Taxes

5%

$131

Home Insurance

5%

$140

HOA

4%

$97

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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