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801 Dobson Dr, Charlotte, NC 28213

3 beds • 2 baths • 1201 sqft

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This property looks like a bad Airbnb investment with a projected -12.8% first-year return on $86,250 initial cash invested.

-12.8%

Cash On Cash

2.95%

Cap Rate

0.49

DSCR

$1,958

Rent

-$920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,958 income − $2,878 expenses = $920 out of pocket

Income$1,958Out of Pocket$920Mortgage P&I$1,64084%Property Taxes$1849%Insurance$1146%Management$29415%CapEx$784%Maintenance$784%Other$49025%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,958

Total Expenses

$2,878

Mortgage P&I

84%

$1,640

Property Taxes

9%

$184

Home Insurance

6%

$114

HOA

0%

$0

Property Management

15%

$294

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$490

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