REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1824 Double Oaks Rd, Charlotte, NC 28206

3 beds • 2 baths • 1114 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.68% first-year return on $93,012 initial cash invested.

-6.68%

Cash On Cash

4.64%

Cap Rate

0.78

DSCR

$3,060

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,012

Downpayment

20%

$71,440

Closing costs

1%

$3,572

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,060

Total Expenses

$3,578

Mortgage P&I

58%

$1,778

Property Taxes

7%

$204

Home Insurance

4%

$128

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$765

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis