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1839 Bray Dr, Charlotte, NC 28214

3 beds • 3 baths • 2029 sqft

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This property looks like a bad Airbnb investment with a projected -1.43% first-year return on $88,833 initial cash invested.

-1.43%

Cash On Cash

6.15%

Cap Rate

1.02

DSCR

$3,637

Rent

-$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,833

Downpayment

20%

$67,460

Closing costs

1%

$3,373

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,637

Total Expenses

$3,743

Mortgage P&I

46%

$1,690

Property Taxes

6%

$200

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$546

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$909

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