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8016 Hedrick Cir, Huntersville, NC 28078

3 beds • 3 baths • 1525 sqft

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This property looks like a bad Airbnb investment with a projected -10.09% first-year return on $93,957 initial cash invested.

-10.09%

Cash On Cash

3.83%

Cap Rate

0.63

DSCR

$2,759

Rent

-$790

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,759 income − $3,549 expenses = $790 out of pocket

Income$2,759Out of Pocket$790Mortgage P&I$1,83567%Property Taxes$2419%Insurance$1495%Management$41415%CapEx$1104%Maintenance$1104%Other$69025%

Investment Breakdown

|

Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,957

Downpayment

20%

$72,340

Closing costs

1%

$3,617

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,759

Total Expenses

$3,549

Mortgage P&I

67%

$1,835

Property Taxes

9%

$241

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$690

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