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6911 Birdsong Ln, Waxhaw, NC 28173

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Airbnb investment with a projected -8.08% first-year return on $100k initial cash invested.

-8.08%

Cash On Cash

4.2%

Cap Rate

0.71

DSCR

$2,797

Rent

-$676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,480

Closing costs

1%

$3,924

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,797

Total Expenses

$3,473

Mortgage P&I

69%

$1,937

Property Taxes

2%

$67

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

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