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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 -18.83% first-year return on $135k initial cash invested.

-18.83%

Cash On Cash

1.66%

Cap Rate

0.27

DSCR

$2,134

Rent

-$2,123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,134 income − $4,257 expenses = $2,123 out of pocket

Income$2,134Out of Pocket$2,123Mortgage P&I$2,809132%Property Taxes$1909%Insurance$23411%Management$32015%CapEx$854%Maintenance$854%Other$53425%

Investment Breakdown

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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

$2,134

Total Expenses

$4,257

Mortgage P&I

132%

$2,809

Property Taxes

9%

$190

Home Insurance

11%

$234

HOA

0%

$0

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$534

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