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15927 Vale Ridge Dr, Charlotte, NC 28278

3 beds • 3 baths • 2405 sqft

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This property looks like a bad Long-Term investment with a projected -18.95% first-year return on $136k initial cash invested.

-18.95%

Cash On Cash

2.08%

Cap Rate

0.36

DSCR

$2,654

Rent

-$2,145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$647k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$129k

Closing costs

1%

$6,469

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,654

Total Expenses

$4,799

Mortgage P&I

118%

$3,134

Property Taxes

14%

$372

Home Insurance

9%

$228

HOA

14%

$375

Property Management

10%

$265

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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