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3415 Cole Mill Rd, Charlotte, NC 28270

4 beds • 3 baths • 1926 sqft

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This property might be a fair Airbnb investment with a projected 2.47% first-year return on $122k initial cash invested.

2.47%

Cash On Cash

7.21%

Cap Rate

1.21

DSCR

$5,777

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$466k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$93,200

Closing costs

1%

$4,660

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$5,777

Total Expenses

$5,526

Mortgage P&I

40%

$2,316

Property Taxes

5%

$270

Home Insurance

3%

$167

HOA

0%

$0

Property Management

15%

$867

CapEx

4%

$231

Vacancy

0%

$0

Maintenance

4%

$231

Other

25%

$1,444

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