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This property looks like a bad Airbnb investment with a projected -11.33% first-year return on $155k initial cash invested.
-11.33%
Cash On Cash
3.43%
Cap Rate
0.58
DSCR
$4,815
Rent
-$1,468
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$626k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$125k
Closing costs
1%
$6,260
Rehab
0%
$0
Furnishing
4%
$24,000
Cashflow
Total Income
$4,815
Total Expenses
$6,283
Mortgage P&I
64%
$3,062
Property Taxes
10%
$489
Home Insurance
5%
$222
HOA
4%
$198
Property Management
15%
$722
CapEx
4%
$193
Vacancy
0%
$0
Maintenance
4%
$193
Other
25%
$1,204
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Charlotte Estate Home minutes from NASCAR racing | $8,893 | $443 | 4 | 3.5 | 4.34 mi |
Large home with Separate Apartment & Private Pool | $6,645 | $331 | 4 | 3 | 4.51 mi |
Enjoy all that beautiful Concord, NC has to offer | $6,705 | $334 | 4 | 3 | 4.67 mi |
The Pine House | $4,396 | $219 | 4 | 4 | 5.2 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