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544 30th Ave NW, Hickory, NC 28601

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -8.99% first-year return on $101k initial cash invested.

-8.99%

Cash On Cash

4.06%

Cap Rate

0.68

DSCR

$2,890

Rent

-$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,890 income − $3,647 expenses = $757 out of pocket

Income$2,890Out of Pocket$757Mortgage P&I$1,97868%Property Taxes$1345%Insurance$1475%Management$43415%CapEx$1164%Maintenance$1164%Other$72225%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,080

Closing costs

1%

$3,954

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,890

Total Expenses

$3,647

Mortgage P&I

68%

$1,978

Property Taxes

5%

$134

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$434

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$722

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