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15632 Waterfront Dr, Huntersville, NC 28078

4 beds • 3 baths • 2872 sqft

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This property looks like a bad Airbnb investment with a projected -13.77% first-year return on $155k initial cash invested.

-13.77%

Cash On Cash

2.64%

Cap Rate

0.46

DSCR

$3,614

Rent

-$1,781

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,614

Total Expenses

$5,395

Mortgage P&I

83%

$3,009

Property Taxes

10%

$354

Home Insurance

6%

$219

HOA

2%

$77

Property Management

15%

$542

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$904

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Comparable Property

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ADR

Beds

Baths

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3

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0.28 mi

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3

2

0.36 mi

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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