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10814 Moores Chapel Rd, Charlotte, NC 28214

3 beds • 2 baths • 1468 sqft

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This property looks like a bad Airbnb investment with a projected -23.98% first-year return on $151k initial cash invested.

-23.98%

Cash On Cash

0.37%

Cap Rate

0.06

DSCR

$1,457

Rent

-$3,026

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,457 income − $4,483 expenses = $3,026 out of pocket

Income$1,457Out of Pocket$3,026Mortgage P&I$3,166217%Property Taxes$38226%Insurance$23616%Management$21915%CapEx$584%Maintenance$584%Other$36425%

Investment Breakdown

|

Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,355

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,457

Total Expenses

$4,483

Mortgage P&I

217%

$3,166

Property Taxes

26%

$382

Home Insurance

16%

$236

HOA

0%

$0

Property Management

15%

$219

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$364

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