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11434 Northwoods Forest Dr, Charlotte, NC 28214

3 beds • 2 baths • 1020 sqft

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This property might be a fair Airbnb investment with a projected 2.19% first-year return on $75,498 initial cash invested.

2.19%

Cash On Cash

7.17%

Cap Rate

1.2

DSCR

$3,404

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,498

Downpayment

20%

$54,760

Closing costs

1%

$2,738

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,404

Total Expenses

$3,266

Mortgage P&I

40%

$1,361

Property Taxes

5%

$156

Home Insurance

3%

$96

HOA

1%

$19

Property Management

15%

$511

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$851

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2

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