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5145 McSweeney Ln, Kannapolis, NC 28081

3 beds • 2 baths • 1711 sqft

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This property looks like a bad Airbnb investment with a projected -14.79% first-year return on $106k initial cash invested.

-14.79%

Cash On Cash

2.49%

Cap Rate

0.42

DSCR

$2,888

Rent

-$1,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,888

Total Expenses

$4,194

Mortgage P&I

71%

$2,061

Property Taxes

14%

$398

Home Insurance

5%

$149

HOA

7%

$199

Property Management

15%

$433

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$722

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