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14200 Lavender Trace Ct, Charlotte, NC 28273

3 beds • 3 baths • 1614 sqft

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This property looks like a bad Airbnb investment with a projected -16.6% first-year return on $96,309 initial cash invested.

-16.6%

Cash On Cash

2.55%

Cap Rate

0.39

DSCR

$2,086

Rent

-$1,332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,086 income − $3,418 expenses = $1,332 out of pocket

Income$2,086Out of Pocket$1,332Mortgage P&I$2,04298%Property Taxes$24212%Insurance$1336%Management$31315%CapEx$834%Maintenance$834%Other$52225%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,309

Downpayment

20%

$74,580

Closing costs

1%

$3,729

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,086

Total Expenses

$3,418

Mortgage P&I

98%

$2,042

Property Taxes

12%

$242

Home Insurance

6%

$133

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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