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3972 S State Highway 127, Hickory, NC 28602

3 beds • 3 baths • 1628 sqft

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This property looks like a bad Airbnb investment with a projected -14.71% first-year return on $87,867 initial cash invested.

-14.71%

Cash On Cash

2.33%

Cap Rate

0.39

DSCR

$1,562

Rent

-$1,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,562 income − $2,639 expenses = $1,077 out of pocket

Income$1,562Out of Pocket$1,077Mortgage P&I$1,662106%Property Taxes$1077%Insurance$1228%Management$23415%CapEx$624%Maintenance$624%Other$39025%

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,867

Downpayment

20%

$66,540

Closing costs

1%

$3,327

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,562

Total Expenses

$2,639

Mortgage P&I

106%

$1,662

Property Taxes

7%

$107

Home Insurance

8%

$122

HOA

0%

$0

Property Management

15%

$234

CapEx

4%

$62

Vacancy

0%

$0

Maintenance

4%

$62

Other

25%

$390

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