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724 Big Indian Loop, Mooresville, NC 28117

3 beds • 2 baths • 2088 sqft

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This property looks like a bad Airbnb investment with a projected -11.49% first-year return on $191k initial cash invested.

-11.49%

Cash On Cash

3.69%

Cap Rate

0.61

DSCR

$5,590

Rent

-$1,830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,247

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,590

Total Expenses

$7,420

Mortgage P&I

74%

$4,144

Property Taxes

5%

$294

Home Insurance

5%

$298

HOA

0%

$0

Property Management

15%

$838

CapEx

4%

$224

Vacancy

0%

$0

Maintenance

4%

$224

Other

25%

$1,398

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