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5106 Hanging Rock Ct, Hickory, NC 28601

3 beds • 4 baths • 3292 sqft

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This property looks like a bad Airbnb investment with a projected -3.47% first-year return on $110k initial cash invested.

-3.47%

Cash On Cash

5.46%

Cap Rate

0.93

DSCR

$4,263

Rent

-$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,940

Closing costs

1%

$4,397

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,263

Total Expenses

$4,582

Mortgage P&I

50%

$2,147

Property Taxes

5%

$230

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$639

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,066

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