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Long-Term Rental Analysis
10013 Earney Dr, Charlotte, NC 28214
$225,0003 beds • 2 baths • 1120 sqft

This property looks like a bad Long-Term investment with a projected -2.18% first-year return on $47,250 initial cash invested.

Cash On Cash
-2.18%
Cap Rate
5.96%
Rent
$1,623
Cashflow
-$86
Rent Confidence:  High
Annual
$19,476
Median
$1,670
Avg
$1,625
Samples
25
Financing

Purchase Price  $225k
Downpayment  20.0%
Interest Rate  6.4%
Mortgage Duration  30yr.
Cash To Invest

Total  $47,250
Downpayment  $45,000
Closing costs  $2,250
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,623
Total Expenses  $1,709
Mortgage P&I  $1,122
Property Taxes  $87
Home Insurance  $79
PManagement  10% $162
CapEx  5% $81
Vacancy  6% $97
Maintenance  5% $81
Other  0% $0
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