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105 Willetta Dr, Charlotte, NC 28217

3 beds • 1 baths • 971 sqft

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This property looks like a bad Long-Term investment with a projected -4.8% first-year return on $52,500 initial cash invested.

-4.8%

Cash On Cash

5.65%

Cap Rate

0.91

DSCR

$1,770

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$1,980

Mortgage P&I

73%

$1,300

Property Taxes

8%

$133

Home Insurance

5%

$88

PManagement

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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3

1

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3

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4

2

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1.3 mi

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2

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$2,850

5

4

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2

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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