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5087 S Oak Cir, Granite Falls, NC 28630

3 beds • 2 baths • 2062 sqft

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This property looks like a bad Airbnb investment with a projected -3.75% first-year return on $97,254 initial cash invested.

-3.75%

Cash On Cash

5.35%

Cap Rate

0.91

DSCR

$3,549

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,254

Downpayment

20%

$75,480

Closing costs

1%

$3,774

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,549

Total Expenses

$3,853

Mortgage P&I

52%

$1,846

Property Taxes

5%

$169

Home Insurance

4%

$135

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$887

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