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6319 Highland Commons Rd, Charlotte, NC 28269

3 beds • 3 baths • 2284 sqft

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This property looks like a bad Airbnb investment with a projected -12.18% first-year return on $111k initial cash invested.

-12.18%

Cash On Cash

3.13%

Cap Rate

0.53

DSCR

$2,984

Rent

-$1,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,380

Closing costs

1%

$4,419

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$4,109

Mortgage P&I

72%

$2,160

Property Taxes

9%

$255

Home Insurance

5%

$158

HOA

3%

$104

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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