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This property looks like a bad Airbnb investment with a projected -12.78% first-year return on $74,379 initial cash invested.
-12.78%
Cash On Cash
2.68%
Cap Rate
0.44
DSCR
$2,483
Rent
-$792
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
10%
$24,000
Cashflow
Total Income
$2,483
Total Expenses
$3,275
Mortgage P&I
50%
$1,229
Property Taxes
31%
$771
Home Insurance
3%
$84
HOA
0%
$0
Property Management
15%
$372
CapEx
4%
$99
Vacancy
0%
$0
Maintenance
4%
$99
Other
25%
$621
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
MM Properties: Charlotte dreams | $5,168 | $288 | 4 | 3 | 3.34 mi |
Cozy Getaway with Workspace & Relaxing Rooms RCH | $3,643 | $203 | 4 | 1.5 | 2.77 mi |
Cozy, comfortable 3 bedroom home with fireplace | $1,615 | $90 | 3 | 1 | 2.22 mi |
Fully fenced private spring/summer backyard oasis! | $2,154 | $120 | 3 | 1 | 2.32 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