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This property looks like a bad Long-Term investment with a projected -7.46% first-year return on $59,178 initial cash invested.
-7.46%
Cash On Cash
4.65%
Cap Rate
0.79
DSCR
$1,650
Rent
-$368
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,178
Downpayment
20%
$56,360
Closing costs
1%
$2,818
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,650
Total Expenses
$2,018
Mortgage P&I
83%
$1,377
Property Taxes
7%
$113
Home Insurance
6%
$100
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1304 Hawthorne St, Kannapolis, NC 28083 | $1,495 | 3 | 2 | 1100 | 1.4 mi |
318 Kimball St, Kannapolis, NC 28081 | $1,495 | 3 | 2 | 1080 | 1.2 mi |
1908 Poppy Ln, Kannapolis, NC 28083 | $1,760 | 3 | 2 | 1120 | 1.7 mi |
1605 Chapman Ave, Kannapolis, NC 28081 | $1,850 | 3 | 2 | 1142 | 1.6 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality