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488 John Swofford Rd, Nebo, NC 28761

3 beds • 2 baths • 1054 sqft

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This property could be a profitable Airbnb investment with a projected 19.03% first-year return on $59,328 initial cash invested.

19.03%

Cash On Cash

13.13%

Cap Rate

2.05

DSCR

$4,035

Rent

$941

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,035 income − $3,094 expenses = $941 cash flow

Income$4,035Mortgage P&I$1,05126%Property Taxes$371%Insurance$702%Management$60515%CapEx$1614%Maintenance$1614%Other$1,00925%Cash Flow$941

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

$4,035

Total Expenses

$3,094

Mortgage P&I

26%

$1,051

Property Taxes

1%

$37

Home Insurance

2%

$70

HOA

0%

$0

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,009

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