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435 W Central Ave, Mount Holly, NC 28120

3 beds • 2 baths • 2276 sqft

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This property looks like a bad Airbnb investment with a projected -12.33% first-year return on $109k initial cash invested.

-12.33%

Cash On Cash

3.14%

Cap Rate

0.53

DSCR

$2,829

Rent

-$1,117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,829 income − $3,946 expenses = $1,117 out of pocket

Income$2,829Out of Pocket$1,117Mortgage P&I$2,13475%Property Taxes$27710%Insurance$1786%Management$42415%CapEx$1134%Maintenance$1134%Other$70725%

Investment Breakdown

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Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,420

Closing costs

1%

$4,321

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,829

Total Expenses

$3,946

Mortgage P&I

75%

$2,134

Property Taxes

10%

$277

Home Insurance

6%

$178

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$707

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