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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 7.43% first-year return on $65,250 initial cash invested.

7.43%

Cash On Cash

9.22%

Cap Rate

1.46

DSCR

$3,562

Rent

$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,562 income − $3,158 expenses = $404 cash flow

Income$3,562Mortgage P&I$1,18233%Property Taxes$1765%Insurance$792%HOA$13Management$53415%CapEx$1424%Maintenance$1424%Other$89025%Cash Flow$404

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

$3,562

Total Expenses

$3,158

Mortgage P&I

33%

$1,182

Property Taxes

5%

$176

Home Insurance

2%

$79

HOA

0%

$13

Property Management

15%

$534

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$890

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