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6738 Eastfield Park Dr, Charlotte, NC 28269

3 beds • 3 baths • 2736 sqft

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This property looks like a bad Airbnb investment with a projected -11.33% first-year return on $104k initial cash invested.

-11.33%

Cash On Cash

3.42%

Cap Rate

0.57

DSCR

$2,837

Rent

-$980

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,740

Closing costs

1%

$4,087

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,837

Total Expenses

$3,817

Mortgage P&I

72%

$2,031

Property Taxes

8%

$235

Home Insurance

5%

$145

HOA

2%

$45

Property Management

15%

$426

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$709

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2.5

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3

2.5

1.09 mi

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$3,646

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3

2.5

1.26 mi

Spacious Home | Near Lake Norman, Uptown Charlotte

$3,663

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3

2.5

1.65 mi

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$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

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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

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