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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 8.33% first-year return on $65,250 initial cash invested.

8.33%

Cash On Cash

9.5%

Cap Rate

1.51

DSCR

$3,658

Rent

$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,658 income − $3,205 expenses = $453 cash flow

Income$3,658Mortgage P&I$1,18232%Property Taxes$1765%Insurance$792%HOA$13Management$54915%CapEx$1464%Maintenance$1464%Other$91425%Cash Flow$453

Investment Breakdown

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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

$3,658

Total Expenses

$3,205

Mortgage P&I

32%

$1,182

Property Taxes

5%

$176

Home Insurance

2%

$79

HOA

0%

$13

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$914

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