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5851 Tuckaseegee Rd, Kannapolis, NC 28081

2 beds • 1 baths • 1381 sqft

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This property looks like a bad Airbnb investment with a projected -2.48% first-year return on $80,250 initial cash invested.

-2.48%

Cash On Cash

5.79%

Cap Rate

0.98

DSCR

$3,308

Rent

-$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$3,308

Total Expenses

$3,474

Mortgage P&I

48%

$1,601

Property Taxes

5%

$172

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$496

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$827

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