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9219 Ducati Ln, Cornelius, NC 28031

3 beds • 3 baths • 1738 sqft

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This property looks like a bad Airbnb investment with a projected -5.62% first-year return on $111k initial cash invested.

-5.62%

Cash On Cash

5.04%

Cap Rate

0.84

DSCR

$4,121

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,121 income − $4,641 expenses = $520 out of pocket

Income$4,121Out of Pocket$520Mortgage P&I$2,21554%Property Taxes$2286%Insurance$1614%HOA$591%Management$61815%CapEx$1654%Maintenance$1654%Other$1,03025%

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,560

Closing costs

1%

$4,428

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,121

Total Expenses

$4,641

Mortgage P&I

54%

$2,215

Property Taxes

6%

$228

Home Insurance

4%

$161

HOA

1%

$59

Property Management

15%

$618

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,030

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