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6520 McIlwaine Rd, Huntersville, NC 28078

4 beds • 3 baths • 2650 sqft

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This property looks like a bad Airbnb investment with a projected -10.93% first-year return on $133k initial cash invested.

-10.93%

Cash On Cash

3.39%

Cap Rate

0.58

DSCR

$3,557

Rent

-$1,214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$104k

Closing costs

1%

$5,202

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,557

Total Expenses

$4,771

Mortgage P&I

71%

$2,542

Property Taxes

8%

$279

Home Insurance

5%

$186

HOA

2%

$57

Property Management

15%

$534

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$889

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