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This property looks like a bad Airbnb investment with a projected -10.99% first-year return on $117k initial cash invested.
-10.99%
Cash On Cash
3.3%
Cap Rate
0.56
DSCR
$2,733
Rent
-$1,068
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$441k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$88,240
Closing costs
1%
$4,412
Rehab
0%
$0
Furnishing
5%
$24,000
Cashflow
Total Income
$2,733
Total Expenses
$3,801
Mortgage P&I
80%
$2,173
Property Taxes
6%
$159
Home Insurance
6%
$158
HOA
0%
$0
Property Management
15%
$410
CapEx
4%
$109
Vacancy
0%
$0
Maintenance
4%
$109
Other
25%
$683
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Peaceful house close to city | $3,118 | $205 | 3 | 2 | 2.16 mi |
Concord Cozy Home! | $2,281 | $150 | 3 | 2 | 3.42 mi |
Near Charlotte House (Seasonal Pool) | $2,768 | $182 | 3 | 2 | 3.65 mi |
Talladega Nights — Race to nearby Nascar/ZMax/CLT! | $2,920 | $192 | 3 | 2 | 3.7 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality