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1301 Burnwick Ct, Charlotte, NC 28213

3 beds • 2 baths • 1319 sqft

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This property looks like a bad Long-Term investment with a projected -1.73% first-year return on $47,250 initial cash invested.

-1.73%

Cash On Cash

6.19%

Cap Rate

$1,720

Rent

-$68

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$1,788

Mortgage P&I

66%

$1,142

Property Taxes

7%

$120

Home Insurance

5%

$79

PManagement

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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