REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

7704 Hickory Stick Pl, Charlotte, NC 28277

3 beds • 2 baths • 1949 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.87% first-year return on $131k initial cash invested.

-9.87%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$3,976

Rent

-$1,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,386

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,976

Total Expenses

$5,054

Mortgage P&I

67%

$2,658

Property Taxes

7%

$298

Home Insurance

5%

$184

HOA

0%

$6

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$994

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis