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This property looks like a bad Airbnb investment with a projected -17.59% first-year return on $176k initial cash invested.
-17.59%
Cash On Cash
1.91%
Cap Rate
0.33
DSCR
$3,231
Rent
-$2,584
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$754k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$151k
Closing costs
1%
$7,535
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,231
Total Expenses
$5,815
Mortgage P&I
113%
$3,656
Property Taxes
8%
$261
Home Insurance
8%
$273
HOA
2%
$74
Property Management
15%
$485
CapEx
4%
$129
Vacancy
0%
$0
Maintenance
4%
$129
Other
25%
$808
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Walking distance to the charm of Main street Davidson, and a mile to Lake Norman | $4,158 | $279 | 3 | 2.5 | 0.9 mi |
Walk to Main Street Davidson-A | $3,517 | $236 | 3 | 2.5 | 1.55 mi |
Stroll Davidson-B | $3,786 | $254 | 3 | 2.5 | 1.46 mi |
Walk to Downtown Davidson-B | $3,458 | $232 | 3 | 2.5 | 1.5 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality