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5477 Cambridge Bay Dr, Charlotte, NC 28269

3 beds • 3 baths • 1980 sqft

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This property looks like a bad Airbnb investment with a projected -16.53% first-year return on $111k initial cash invested.

-16.53%

Cash On Cash

2.17%

Cap Rate

0.36

DSCR

$2,346

Rent

-$1,527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,346 income − $3,873 expenses = $1,527 out of pocket

Income$2,346Out of Pocket$1,527Mortgage P&I$2,23195%Property Taxes$28712%Insurance$1587%HOA$713%Management$35215%CapEx$944%Maintenance$944%Other$58625%

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,400

Closing costs

1%

$4,420

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,346

Total Expenses

$3,873

Mortgage P&I

95%

$2,231

Property Taxes

12%

$287

Home Insurance

7%

$158

HOA

3%

$71

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$586

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