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488 John Swofford Rd, Nebo, NC 28761

3 beds • 2 baths • 1054 sqft

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This property might be a fair Airbnb investment with a projected 9.16% first-year return on $59,328 initial cash invested.

9.16%

Cash On Cash

9.93%

Cap Rate

1.55

DSCR

$3,098

Rent

$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,098 income − $2,645 expenses = $453 cash flow

Income$3,098Mortgage P&I$1,05134%Property Taxes$371%Insurance$702%Management$46515%CapEx$1244%Maintenance$1244%Other$77425%Cash Flow$453

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,328

Downpayment

20%

$39,360

Closing costs

1%

$1,968

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$2,645

Mortgage P&I

34%

$1,051

Property Taxes

1%

$37

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$465

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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