Unlock all features! Tap here to upgrade
This property might be a fair Airbnb investment with a projected 5.71% first-year return on $153k initial cash invested.
5.71%
Cash On Cash
7.92%
Cap Rate
1.36
DSCR
$8,663
Rent
$727
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$613k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$153k
Downpayment
20%
$123k
Closing costs
1%
$6,131
Rehab
0%
$0
Furnishing
4%
$24,000
Cashflow
Total Income
$8,663
Total Expenses
$7,936
Mortgage P&I
34%
$2,974
Property Taxes
5%
$448
Home Insurance
3%
$219
HOA
2%
$136
Property Management
15%
$1,299
CapEx
4%
$347
Vacancy
0%
$0
Maintenance
4%
$347
Other
25%
$2,166
Loading map...
Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Boathouse + Game Garage w/ Ping Pong & Air Hockey | $9,742 | $628 | 4 | 4 | 2.15 mi |
Lake Norman Oasis w/ Heated Pool, Near Charlotte | $7,725 | $498 | 4 | 3.5 | 2.17 mi |
Luxurious Lake Living! WaterFront, Hot tub, Views | $13,930 | $898 | 4 | 4 | 1.27 mi |
Quail Cottage Lake Norman | $7,849 | $506 | 4 | 3 | 1.59 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