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5521 Suttlemyre Ln, Hickory, NC 28601

3 beds • 2 baths • 1791 sqft

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This property could be a profitable Airbnb investment with a projected 13.08% first-year return on $65,250 initial cash invested.

13.08%

Cash On Cash

10.98%

Cap Rate

1.74

DSCR

$4,155

Rent

$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,155 income − $3,444 expenses = $711 cash flow

Income$4,155Mortgage P&I$1,18228%Property Taxes$1764%Insurance$792%HOA$13Management$62315%CapEx$1664%Maintenance$1664%Other$1,03925%Cash Flow$711

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

$4,155

Total Expenses

$3,444

Mortgage P&I

28%

$1,182

Property Taxes

4%

$176

Home Insurance

2%

$79

HOA

0%

$13

Property Management

15%

$623

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,039

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