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7505 Hawkstand Ln, Charlotte, NC 28210

3 beds • 3 baths • 2001 sqft

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This property looks like a bad Airbnb investment with a projected -20.37% first-year return on $140k initial cash invested.

-20.37%

Cash On Cash

1.39%

Cap Rate

0.23

DSCR

$2,116

Rent

-$2,384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,116 income − $4,500 expenses = $2,384 out of pocket

Income$2,116Out of Pocket$2,384Mortgage P&I$2,972140%Property Taxes$30214%Insurance$21010%Management$31715%CapEx$854%Maintenance$854%Other$52925%

Investment Breakdown

|

Purchase Price

$583k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$117k

Closing costs

1%

$5,831

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,116

Total Expenses

$4,500

Mortgage P&I

140%

$2,972

Property Taxes

14%

$302

Home Insurance

10%

$210

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$529

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