REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1301 Milan Rd, Charlotte, NC 28216

3 beds • 1 baths • 996 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.05% first-year return on $50,400 initial cash invested.

-7.05%

Cash On Cash

5.31%

Cap Rate

0.83

DSCR

$1,620

Rent

-$296

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,620

Total Expenses

$1,916

Mortgage P&I

79%

$1,277

Property Taxes

8%

$134

Home Insurance

5%

$84

PManagement

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

Google Maps with comparables properties is loading...

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis