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This property might be a fair Long-Term investment with a projected 1.18% first-year return on $47,880 initial cash invested.
1.18%
Cash On Cash
6.8%
Cap Rate
1.12
DSCR
$1,890
Rent
$47
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,880
Downpayment
20%
$45,600
Closing costs
1%
$2,280
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,890
Total Expenses
$1,843
Mortgage P&I
61%
$1,151
Property Taxes
6%
$122
Home Insurance
4%
$80
PManagement
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1220 Hunter Forest Ct, Charlotte, NC 28213 | $1,749 | 3 | 2 | 1574 | 0.6 mi |
717 Dawn Cir, Charlotte, NC 28213 | $2,000 | 3 | 2 | 1635 | 0.5 mi |
1622 Forest Stream Ct, Charlotte, NC 28213 | $1,690 | 3 | 2.5 | 1527 | 0.5 mi |
6805 Ebara Ln, Charlotte, NC 28213 | $2,100 | 3 | 2.5 | 1540 | 0.8 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