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This property might be a fair Long-Term investment with a projected 1.37% first-year return on $42,000 initial cash invested.
1.37%
Cash On Cash
6.85%
Cap Rate
1.13
DSCR
$1,670
Rent
$48
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,670
Total Expenses
$1,622
Mortgage P&I
60%
$1,010
Property Taxes
6%
$107
Home Insurance
4%
$70
PManagement
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2021 Choyce Cir, Charlotte, NC 28217 | $1,750 | 3 | 1 | 858 | 0.2 mi |
1121 Nations Dr, Charlotte, NC 28217 | $1,345 | 3 | 1 | 824 | 0.6 mi |
1819 Choyce Cir, Charlotte, NC 28217 | $1,900 | 3 | 1 | 1000 | 0.1 mi |
6824 Fieldvale Pl, Charlotte, NC 28217 | $1,630 | 3 | 1 | 971 | 1 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality