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2401 Wensley Dr, Charlotte, NC 28210

3 beds • 2 baths • 1563 sqft

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This property looks like a bad Airbnb investment with a projected -14.88% first-year return on $162k initial cash invested.

-14.88%

Cash On Cash

2.2%

Cap Rate

0.4

DSCR

$3,387

Rent

-$2,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$686k

Downpayment

20.0%

Interest Rate

5.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,856

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,387

Total Expenses

$5,395

Mortgage P&I

92%

$3,128

Property Taxes

12%

$397

Home Insurance

7%

$245

HOA

0%

$0

Property Management

15%

$508

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$847

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3

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2

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5

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0.6 mi

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$1,100

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2

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$2,850

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