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Long-Term Rental Analysis
1222 Edgewood Rd, Charlotte, NC 28208
$195,000 • 2 beds • 1 baths • 1108 sqft

This property looks like a bad Long-Term investment with a projected -6.89% first-year return on $40,950 initial cash invested.

Cash On Cash
-6.89%
Cap Rate
5.35%
Rent
$1,323
Cashflow
-$235
Rent Confidence:  High
Annual
$15,876
Median
$1,265
Avg
$1,305
Samples
25
Financing
Purchase Price  $195k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $40,950
Downpayment  $39,000
Closing costs  $1,950
Rehab  $0
Furnishing  $0
Cashflow
Total Income  $1,323
Total Expenses  $1,558
Mortgage P&I  $1,038
Property Taxes  $109
Home Insurance  $68
PManagement  $132
CapEx  $66
Vacancy  $79
Maintenance  $66
Other  $0
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