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612 Meadowview Dr, Monroe, NC 28110

3 beds • 2 baths • 1141 sqft

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This property might be a fair Airbnb investment with a projected 3.81% first-year return on $81,000 initial cash invested.

3.81%

Cash On Cash

7.39%

Cap Rate

1.28

DSCR

$3,683

Rent

$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,683

Total Expenses

$3,426

Mortgage P&I

39%

$1,444

Property Taxes

3%

$110

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$552

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$921

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