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4 Fox Ridge Dr, Granite Falls, NC 28630

3 beds • 2 baths • 1466 sqft

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This property looks like a bad Airbnb investment with a projected -5.26% first-year return on $102k initial cash invested.

-5.26%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$3,448

Rent

-$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,448 income − $3,894 expenses = $446 out of pocket

Income$3,448Out of Pocket$446Mortgage P&I$1,96957%Property Taxes$1254%Insurance$1454%Management$51715%CapEx$1384%Maintenance$1384%Other$86225%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,740

Closing costs

1%

$3,987

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,448

Total Expenses

$3,894

Mortgage P&I

57%

$1,969

Property Taxes

4%

$125

Home Insurance

4%

$145

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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