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408 S Jackson Ave, Waxhaw, NC 28173

3 beds • 2 baths • 1008 sqft

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This property looks like a bad Airbnb investment with a projected -1.35% first-year return on $91,290 initial cash invested.

-1.35%

Cash On Cash

6.17%

Cap Rate

1.03

DSCR

$3,703

Rent

-$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,703 income − $3,806 expenses = $103 out of pocket

Income$3,703Out of Pocket$103Mortgage P&I$1,75047%Property Taxes$1574%Insurance$1223%Management$55515%CapEx$1484%Maintenance$1484%Other$92625%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,703

Total Expenses

$3,806

Mortgage P&I

47%

$1,750

Property Taxes

4%

$157

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$926

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