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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 -3.34% first-year return on $111k initial cash invested.

-3.34%

Cash On Cash

5.66%

Cap Rate

0.94

DSCR

$4,527

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,527 income − $4,836 expenses = $309 out of pocket

Income$4,527Out of Pocket$309Mortgage P&I$2,21549%Property Taxes$2285%Insurance$1614%HOA$591%Management$67915%CapEx$1814%Maintenance$1814%Other$1,13225%

Investment Breakdown

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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

$4,527

Total Expenses

$4,836

Mortgage P&I

49%

$2,215

Property Taxes

5%

$228

Home Insurance

4%

$161

HOA

1%

$59

Property Management

15%

$679

CapEx

4%

$181

Vacancy

0%

$0

Maintenance

4%

$181

Other

25%

$1,132

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