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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 -9.13% first-year return on $109k initial cash invested.

-9.13%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$3,389

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,389 income − $4,216 expenses = $827 out of pocket

Income$3,389Out of Pocket$827Mortgage P&I$2,13463%Property Taxes$2778%Insurance$1785%Management$50815%CapEx$1364%Maintenance$1364%Other$84725%

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

$3,389

Total Expenses

$4,216

Mortgage P&I

63%

$2,134

Property Taxes

8%

$277

Home Insurance

5%

$178

HOA

0%

$0

Property Management

15%

$508

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$847

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