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3117 Beaman Ave, Charlotte, NC 28273

3 beds • 3 baths • 2295 sqft

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This property looks like a bad Airbnb investment with a projected -14.05% first-year return on $160k initial cash invested.

-14.05%

Cash On Cash

2.75%

Cap Rate

0.47

DSCR

$3,699

Rent

-$1,876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$678k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$136k

Closing costs

1%

$6,775

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,699

Total Expenses

$5,575

Mortgage P&I

89%

$3,281

Property Taxes

7%

$273

Home Insurance

7%

$245

HOA

0%

$0

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$925

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