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5734 Faulconbridge Rd, Charlotte, NC 28227

3 beds • 2 baths • 1747 sqft

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This property looks like a bad Airbnb investment with a projected -2.17% first-year return on $99,942 initial cash invested.

-2.17%

Cash On Cash

6.06%

Cap Rate

0.99

DSCR

$4,164

Rent

-$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,164 income − $4,345 expenses = $181 out of pocket

Income$4,164Out of Pocket$181Mortgage P&I$1,98648%Property Taxes$2195%Insurance$1403%Management$62515%CapEx$1674%Maintenance$1674%Other$1,04125%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,942

Downpayment

20%

$78,040

Closing costs

1%

$3,902

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,164

Total Expenses

$4,345

Mortgage P&I

48%

$1,986

Property Taxes

5%

$219

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$625

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,041

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