REI Lense

REI Lense

Unlock all features! Tap here to upgrade

12629 Doster Ave, Charlotte, NC 28277

3 beds • 3 baths • 2276 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.34% first-year return on $148k initial cash invested.

-20.34%

Cash On Cash

1.31%

Cap Rate

0.22

DSCR

$2,414

Rent

-$2,511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,414 income − $4,925 expenses = $2,511 out of pocket

Income$2,414Out of Pocket$2,511Mortgage P&I$3,091128%Property Taxes$35715%Insurance$2289%HOA$894%Management$36215%CapEx$974%Maintenance$974%Other$60425%

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,198

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,414

Total Expenses

$4,925

Mortgage P&I

128%

$3,091

Property Taxes

15%

$357

Home Insurance

9%

$228

HOA

4%

$89

Property Management

15%

$362

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis