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This property looks like a bad Airbnb investment with a projected -15.83% first-year return on $171k initial cash invested.
-15.83%
Cash On Cash
2.2%
Cap Rate
0.38
DSCR
$3,659
Rent
-$2,250
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$698k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$171k
Downpayment
20%
$140k
Closing costs
1%
$6,980
Rehab
0%
$0
Furnishing
3%
$24,000
Cashflow
Total Income
$3,659
Total Expenses
$5,909
Mortgage P&I
93%
$3,385
Property Taxes
14%
$524
Home Insurance
7%
$244
HOA
0%
$0
Property Management
15%
$549
CapEx
4%
$146
Vacancy
0%
$0
Maintenance
4%
$146
Other
25%
$915
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Lake Norman Retreat-HUGE backyard! Near Charlotte! | $4,640 | $263 | 4 | 2.5 | 1.05 mi |
Perfect for a getaway or get together! | $5,275 | $299 | 4 | 3 | 0.48 mi |
Charming Countryside Home | $2,435 | $138 | 3 | 2 | 1.45 mi |
Southern Charm on Magnolia | $2,946 | $167 | 3 | 2 | 1.48 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality