REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1305 Morningside Dr, Charlotte, NC 28205

3 beds • 3 baths • 1470 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.88% first-year return on $140k initial cash invested.

-18.88%

Cash On Cash

2.07%

Cap Rate

0.35

DSCR

$2,245

Rent

-$2,205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$667k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$133k

Closing costs

1%

$6,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,245

Total Expenses

$4,450

Mortgage P&I

144%

$3,243

Property Taxes

16%

$351

Home Insurance

12%

$273

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis