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1245 Pondella Dr, Charlotte, NC 28213

3 beds • 2 baths • 1150 sqft

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This property might be a fair Long-Term investment with a projected 5.28% first-year return on $39,795 initial cash invested.

5.28%

Cash On Cash

7.6%

Cap Rate

1.28

DSCR

$1,730

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,795

Downpayment

20%

$37,900

Closing costs

1%

$1,895

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,730

Total Expenses

$1,555

Mortgage P&I

54%

$939

Property Taxes

6%

$101

Home Insurance

4%

$66

PManagement

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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