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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 -15.51% first-year return on $142k initial cash invested.

-15.51%

Cash On Cash

2.47%

Cap Rate

0.42

DSCR

$3,187

Rent

-$1,834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,187 income − $5,021 expenses = $1,834 out of pocket

Income$3,187Out of Pocket$1,834Mortgage P&I$2,92192%Property Taxes$32610%Insurance$2458%Management$47815%CapEx$1274%Maintenance$1274%Other$79725%

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

$3,187

Total Expenses

$5,021

Mortgage P&I

92%

$2,921

Property Taxes

10%

$326

Home Insurance

8%

$245

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$797

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