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9608 Watergate Rd, Charlotte, NC 28270

3 beds • 2 baths • 1603 sqft

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This property looks like a bad Airbnb investment with a projected -5.98% first-year return on $110k initial cash invested.

-5.98%

Cash On Cash

4.94%

Cap Rate

0.82

DSCR

$3,918

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,160

Closing costs

1%

$4,358

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,918

Total Expenses

$4,464

Mortgage P&I

56%

$2,183

Property Taxes

6%

$241

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$588

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$980

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