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3714 Sally Ln, Charlotte, NC 28227

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Airbnb investment with a projected -5.1% first-year return on $83,098 initial cash invested.

-5.1%

Cash On Cash

4.99%

Cap Rate

0.84

DSCR

$2,809

Rent

-$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,098

Downpayment

20%

$61,998

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,809

Total Expenses

$3,162

Mortgage P&I

55%

$1,531

Property Taxes

6%

$176

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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