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628 Rebecca Jane Dr, Mooresville, NC 28115

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Airbnb investment with a projected -9.6% first-year return on $84,276 initial cash invested.

-9.6%

Cash On Cash

4.56%

Cap Rate

0.68

DSCR

$2,908

Rent

-$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,908 income − $3,582 expenses = $674 out of pocket

Income$2,908Out of Pocket$674Mortgage P&I$1,75860%Property Taxes$31111%Insurance$1124%HOA$6Management$43615%CapEx$1164%Maintenance$1164%Other$72725%

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,276

Downpayment

20%

$63,120

Closing costs

1%

$3,156

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,908

Total Expenses

$3,582

Mortgage P&I

60%

$1,758

Property Taxes

11%

$311

Home Insurance

4%

$112

HOA

0%

$6

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$727

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