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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 -9.78% first-year return on $93,957 initial cash invested.

-9.78%

Cash On Cash

3.92%

Cap Rate

0.64

DSCR

$2,806

Rent

-$766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,806 income − $3,572 expenses = $766 out of pocket

Income$2,806Out of Pocket$766Mortgage P&I$1,83565%Property Taxes$2419%Insurance$1495%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

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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

$2,806

Total Expenses

$3,572

Mortgage P&I

65%

$1,835

Property Taxes

9%

$241

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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