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This property looks like a bad Long-Term investment with a projected -1.85% first-year return on $57,750 initial cash invested.
-1.85%
Cash On Cash
6.32%
Cap Rate
1.01
DSCR
$2,140
Rent
-$89
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,140
Total Expenses
$2,229
Mortgage P&I
67%
$1,430
Property Taxes
7%
$147
Home Insurance
4%
$96
PManagement
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2733 Celia Ave, Charlotte, NC 28216 | $1,650 | 3 | 2 | 1684 | 0.8 mi |
1908 Patton Ave, Charlotte, NC 28216 | $2,400 | 3 | 2 | 1555 | 0.3 mi |
2624 Roslyn Ave, Charlotte, NC 28208 | $2,950 | 3 | 2 | 1586 | 1 mi |
2009 Rush Wind Dr, Charlotte, NC 28206 | $1,450 | 3 | 2 | 1458 | 0.4 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