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635 Fieldstone Rd, Mooresville, NC 28115

3 beds • 2 baths • 1417 sqft

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This property looks like a bad Airbnb investment with a projected -9.57% first-year return on $88,308 initial cash invested.

-9.57%

Cash On Cash

3.85%

Cap Rate

0.64

DSCR

$2,619

Rent

-$704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $3,323 expenses = $704 out of pocket

Income$2,619Out of Pocket$704Mortgage P&I$1,67464%Property Taxes$27010%Insurance$1215%Management$39315%CapEx$1054%Maintenance$1054%Other$65525%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,308

Downpayment

20%

$66,960

Closing costs

1%

$3,348

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$3,323

Mortgage P&I

64%

$1,674

Property Taxes

10%

$270

Home Insurance

5%

$121

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$655

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