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8337 Reedy Creek Rd, Charlotte, NC 28215

3 beds • 2 baths • 1624 sqft

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This property could be a profitable Airbnb investment with a projected 11.06% first-year return on $62,079 initial cash invested.

11.06%

Cash On Cash

9.92%

Cap Rate

1.69

DSCR

$3,445

Rent

$572

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,445

Total Expenses

$2,873

Mortgage P&I

30%

$1,026

Property Taxes

3%

$119

Home Insurance

2%

$74

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

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