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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 -16.21% first-year return on $135k initial cash invested.

-16.21%

Cash On Cash

2.34%

Cap Rate

0.39

DSCR

$2,703

Rent

-$1,827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $4,530 expenses = $1,827 out of pocket

Income$2,703Out of Pocket$1,827Mortgage P&I$2,809104%Property Taxes$1907%Insurance$2349%Management$40515%CapEx$1084%Maintenance$1084%Other$67625%

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

$2,703

Total Expenses

$4,530

Mortgage P&I

104%

$2,809

Property Taxes

7%

$190

Home Insurance

9%

$234

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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