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4616 20th Street Pl NE, Hickory, NC 28601

3 beds • 4 baths • 3967 sqft

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This property looks like a bad Airbnb investment with a projected -12.77% first-year return on $142k initial cash invested.

-12.77%

Cash On Cash

3.18%

Cap Rate

0.54

DSCR

$3,814

Rent

-$1,510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,814 income − $5,324 expenses = $1,510 out of pocket

Income$3,814Out of Pocket$1,510Mortgage P&I$2,92177%Property Taxes$3269%Insurance$2456%Management$57215%CapEx$1534%Maintenance$1534%Other$95425%

Investment Breakdown

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Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,898

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,814

Total Expenses

$5,324

Mortgage P&I

77%

$2,921

Property Taxes

9%

$326

Home Insurance

6%

$245

HOA

0%

$0

Property Management

15%

$572

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$954

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