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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 -12.59% first-year return on $108k initial cash invested.

-12.59%

Cash On Cash

3.13%

Cap Rate

0.52

DSCR

$2,656

Rent

-$1,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,656 income − $3,792 expenses = $1,136 out of pocket

Income$2,656Out of Pocket$1,136Mortgage P&I$2,15081%Property Taxes$1315%Insurance$1405%HOA$974%Management$39815%CapEx$1064%Maintenance$1064%Other$66425%

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

$2,656

Total Expenses

$3,792

Mortgage P&I

81%

$2,150

Property Taxes

5%

$131

Home Insurance

5%

$140

HOA

4%

$97

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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