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Long-Term Rental Analysis
1424 Montana Dr, Charlotte, NC 28216
$185,0003 beds • 1 baths • 960 sqft

This property might be a fair Long-Term investment with a projected 1.27% first-year return on $38,850 initial cash invested.

Cash On Cash
1.27%
Cap Rate
7.18%
Rent
$1,615
Cashflow
$41
Rent Confidence:  High
Annual
$19,380
Median
$1,545
Avg
$1,615
Samples
25
Financing

Purchase Price  $185k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $38,850
Downpayment  $37,000
Closing costs  $1,850
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,615
Total Expenses  $1,574
Mortgage P&I  $985
Property Taxes  $103
Home Insurance  $65
PManagement  $162
CapEx  $81
Vacancy  $97
Maintenance  $81
Other  $0
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