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Long-Term Rental Analysis
1020 Lewiston Ave, Charlotte, NC 28208
$214,0003 beds • 1 baths • 1000 sqft

This property looks like a bad Long-Term investment with a projected -6.92% first-year return on $44,940 initial cash invested.

Cash On Cash
-6.92%
Cap Rate
5.34%
Rent
$1,453
Cashflow
-$259
Rent Confidence:  High
Annual
$17,436
Median
$1,475
Avg
$1,454
Samples
25
Financing

Purchase Price  $214k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $44,940
Downpayment  $42,800
Closing costs  $2,140
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,453
Total Expenses  $1,712
Mortgage P&I  $1,139
Property Taxes  $120
Home Insurance  $75
PManagement  $145
CapEx  $73
Vacancy  $87
Maintenance  $73
Other  $0
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