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8420 Wilson Woods Dr, Mint Hill, NC 28227

3 beds • 2 baths • 1705 sqft

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This property looks like a bad Airbnb investment with a projected -14.83% first-year return on $95,952 initial cash invested.

-14.83%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$1,969

Rent

-$1,186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,969 income − $3,155 expenses = $1,186 out of pocket

Income$1,969Out of Pocket$1,186Mortgage P&I$1,87795%Property Taxes$19910%Insurance$1347%Management$29515%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

|

Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,952

Downpayment

20%

$74,240

Closing costs

1%

$3,712

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,969

Total Expenses

$3,155

Mortgage P&I

95%

$1,877

Property Taxes

10%

$199

Home Insurance

7%

$134

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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