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1012 E 35th St, Charlotte, NC 28205

3 beds • 3 baths • 1799 sqft

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This property looks like a bad Long-Term investment with a projected -24.13% first-year return on $110k initial cash invested.

-24.13%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$1,669

Rent

-$2,218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,253

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,669

Total Expenses

$3,887

Mortgage P&I

155%

$2,584

Property Taxes

32%

$538

Home Insurance

20%

$332

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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