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1561 Westdale Dr, Charlotte, NC 28208

3 beds • 1 baths • 1970 sqft

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This property could be a profitable Long-Term investment with a projected 13.64% first-year return on $33,600 initial cash invested.

13.64%

Cash On Cash

9.91%

Cap Rate

$1,850

Rent

$382

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,600

Downpayment

20%

$32,000

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$1,468

Mortgage P&I

46%

$847

Property Taxes

5%

$85

Home Insurance

3%

$56

PManagement

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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