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5119 Teakwood Dr, Kannapolis, NC 28083

3 beds • 2 baths • 1463 sqft

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This property looks like a bad Airbnb investment with a projected -10.03% first-year return on $98,304 initial cash invested.

-10.03%

Cash On Cash

3.62%

Cap Rate

0.62

DSCR

$2,637

Rent

-$822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,304

Downpayment

20%

$76,480

Closing costs

1%

$3,824

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,637

Total Expenses

$3,459

Mortgage P&I

71%

$1,869

Property Taxes

7%

$190

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$659

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ADR

Beds

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4

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2

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0.9 mi

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5

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0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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