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600 W Warren St, Shelby, NC 28150

3 beds • 2 baths • 2165 sqft

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This property looks like a bad Airbnb investment with a projected -7.48% first-year return on $85,725 initial cash invested.

-7.48%

Cash On Cash

4.29%

Cap Rate

0.73

DSCR

$2,680

Rent

-$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,725

Downpayment

20%

$64,500

Closing costs

1%

$3,225

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,680

Total Expenses

$3,214

Mortgage P&I

59%

$1,580

Property Taxes

9%

$232

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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