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5521 Suttlemyre Ln, Hickory, NC 28601

3 beds • 2 baths • 1791 sqft

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This property might be a fair Airbnb investment with a projected 9.8% first-year return on $65,250 initial cash invested.

9.8%

Cash On Cash

9.96%

Cap Rate

1.58

DSCR

$3,812

Rent

$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,812 income − $3,279 expenses = $533 cash flow

Income$3,812Mortgage P&I$1,18231%Property Taxes$1765%Insurance$792%HOA$13Management$57215%CapEx$1524%Maintenance$1524%Other$95325%Cash Flow$533

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,812

Total Expenses

$3,279

Mortgage P&I

31%

$1,182

Property Taxes

5%

$176

Home Insurance

2%

$79

HOA

0%

$13

Property Management

15%

$572

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$953

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