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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 Mid-Term investment with a projected -16.83% first-year return on $128k initial cash invested.

-16.83%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$2,504

Rent

-$1,800

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

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,253

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,504

Total Expenses

$4,304

Mortgage P&I

103%

$2,584

Property Taxes

21%

$538

Home Insurance

13%

$332

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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