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7012 Knotty Pine Rd, Waxhaw, NC 28173

3 beds • 2 baths • 1642 sqft

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This property looks like a bad Airbnb investment with a projected -6.72% first-year return on $107k initial cash invested.

-6.72%

Cash On Cash

4.7%

Cap Rate

0.78

DSCR

$3,479

Rent

-$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,479 income − $4,076 expenses = $597 out of pocket

Income$3,479Out of Pocket$597Mortgage P&I$2,10861%Property Taxes$1534%Insurance$1454%Management$52215%CapEx$1394%Maintenance$1394%Other$87025%

Investment Breakdown

|

Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,340

Closing costs

1%

$4,217

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,479

Total Expenses

$4,076

Mortgage P&I

61%

$2,108

Property Taxes

4%

$153

Home Insurance

4%

$145

HOA

0%

$0

Property Management

15%

$522

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$870

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