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4915 S T Clark Rd, Morganton, NC 28655

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Airbnb investment with a projected -12.35% first-year return on $104k initial cash invested.

-12.35%

Cash On Cash

3.05%

Cap Rate

0.52

DSCR

$2,516

Rent

-$1,071

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,516

Total Expenses

$3,587

Mortgage P&I

80%

$2,013

Property Taxes

9%

$222

Home Insurance

6%

$144

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$629

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