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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 -14.97% first-year return on $87,867 initial cash invested.

-14.97%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$1,528

Rent

-$1,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,528 income − $2,624 expenses = $1,096 out of pocket

Income$1,528Out of Pocket$1,096Mortgage P&I$1,662109%Property Taxes$1077%Insurance$1228%Management$22915%CapEx$614%Maintenance$614%Other$38225%

Investment Breakdown

|

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

$1,528

Total Expenses

$2,624

Mortgage P&I

109%

$1,662

Property Taxes

7%

$107

Home Insurance

8%

$122

HOA

0%

$0

Property Management

15%

$229

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$382

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