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11323 Laurel View Dr, Charlotte, NC 28273

3 beds • 3 baths • 1718 sqft

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This property looks like a bad Airbnb investment with a projected -15.19% first-year return on $99,270 initial cash invested.

-15.19%

Cash On Cash

2.3%

Cap Rate

0.39

DSCR

$2,117

Rent

-$1,257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,117 income − $3,374 expenses = $1,257 out of pocket

Income$2,117Out of Pocket$1,257Mortgage P&I$1,91590%Property Taxes$24812%Insurance$1407%HOA$543%Management$31815%CapEx$854%Maintenance$854%Other$52925%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,270

Downpayment

20%

$77,400

Closing costs

1%

$3,870

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,117

Total Expenses

$3,374

Mortgage P&I

90%

$1,915

Property Taxes

12%

$248

Home Insurance

7%

$140

HOA

3%

$54

Property Management

15%

$318

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$529

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