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6181 Willowbottom Rd, Hickory, NC 28602

3 beds • 4 baths • 2699 sqft

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This property looks like a bad Airbnb investment with a projected -21.82% first-year return on $135k initial cash invested.

-21.82%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$1,486

Rent

-$2,460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,486 income − $3,946 expenses = $2,460 out of pocket

Income$1,486Out of Pocket$2,460Mortgage P&I$2,809189%Property Taxes$19013%Insurance$23416%Management$22315%CapEx$594%Maintenance$594%Other$37225%

Investment Breakdown

|

Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,585

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,486

Total Expenses

$3,946

Mortgage P&I

189%

$2,809

Property Taxes

13%

$190

Home Insurance

16%

$234

HOA

0%

$0

Property Management

15%

$223

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$372

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