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3930 Huntmeadow Dr, Charlotte, NC 28269

3 beds • 2 baths • 1420 sqft

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This property looks like a bad Airbnb investment with a projected -6.28% first-year return on $101k initial cash invested.

-6.28%

Cash On Cash

4.75%

Cap Rate

0.8

DSCR

$3,505

Rent

-$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,505 income − $4,034 expenses = $529 out of pocket

Income$3,505Out of Pocket$529Mortgage P&I$1,95556%Property Taxes$2347%Insurance$1404%HOA$231%Management$52615%CapEx$1404%Maintenance$1404%Other$87625%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,100

Closing costs

1%

$3,955

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,505

Total Expenses

$4,034

Mortgage P&I

56%

$1,955

Property Taxes

7%

$234

Home Insurance

4%

$140

HOA

1%

$23

Property Management

15%

$526

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$876

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