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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 -10.8% first-year return on $100k initial cash invested.

-10.8%

Cash On Cash

3.45%

Cap Rate

0.58

DSCR

$2,357

Rent

-$904

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,357 income − $3,261 expenses = $904 out of pocket

Income$2,357Out of Pocket$904Mortgage P&I$1,93782%Property Taxes$673%Insurance$1265%Management$35415%CapEx$944%Maintenance$944%Other$58925%

Investment Breakdown

|

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

$2,357

Total Expenses

$3,261

Mortgage P&I

82%

$1,937

Property Taxes

3%

$67

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$589

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