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9113 Shenington Pl, Charlotte, NC 28216

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -1.4% first-year return on $86,313 initial cash invested.

-1.4%

Cash On Cash

6.11%

Cap Rate

1.02

DSCR

$3,499

Rent

-$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,313

Downpayment

20%

$65,060

Closing costs

1%

$3,253

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,499

Total Expenses

$3,600

Mortgage P&I

46%

$1,617

Property Taxes

5%

$187

Home Insurance

3%

$116

HOA

0%

$0

Property Management

15%

$525

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$875

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