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$5,312 (target)

1633 Nassau Blvd, Charlotte, NC 28205

3 beds • 3 baths • 1901 sqft

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This property looks like a bad Mid-Term investment with a projected -11.44% first-year return on $217k initial cash invested.

-11.44%

Cash On Cash

3.65%

Cap Rate

0.61

DSCR

$5,312

Rent

-$2,069

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,312 income − $7,381 expenses = $2,069 out of pocket

Income$5,312Out of Pocket$2,069Mortgage P&I$4,73889%Property Taxes$4949%Insurance$3456%Management$63712%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58411%

Investment Breakdown

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Purchase Price

$948k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$190k

Closing costs

1%

$9,479

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,312

Total Expenses

$7,381

Mortgage P&I

89%

$4,738

Property Taxes

9%

$494

Home Insurance

6%

$345

HOA

0%

$0

Property Management

12%

$637

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$584

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