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Project Rental Revenue For Any Address

Long-Term Rental Analysis
2220 Eastway Dr, Charlotte, NC 28205
$274,9003 beds • 1 baths • 1050 sqft

This property looks like a bad Long-Term investment with a projected -8.92% first-year return on $57,729 initial cash invested.

Cash On Cash
-8.92%
Cap Rate
4.89%
Rent
$1,736
Cashflow
-$429
Rent Confidence:  High
Annual
$20,832
Median
$1,700
Avg
$1,735
Samples
25
Financing

Purchase Price  $275k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $57,729
Downpayment  20% $54,980
Closing costs  1% $2,749
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $1,736
Total Expenses  $2,165
Mortgage P&I  84% $1,463
Property Taxes  9% $154
Home Insurance  6% $96
PManagement  10% $174
CapEx  5% $87
Vacancy  6% $104
Maintenance  5% $87
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
12249 Falmouth Rd$16403110750.4 mi
22280 Kilborne Dr$17003110740.4 mi
32256 Kilborne Dr$13953110250.4 mi
42256 Kilborne Dr, Unit 1$13953110250.4 mi
51932 Sandhurst Dr$15953111030.3 mi
62724 Hilliard Dr$22003110331 mi
73001 Hilliard Dr$22003110800.8 mi
82312 Markham Ct$1499319750.3 mi
93008 Enfield Rd$18253111060.6 mi
103224 Edsel Pl$17753110900.9 mi
113524 Deason Ct$17903110000.8 mi
123225 Harrow Pl$18003111170.7 mi
133438 Draper Ave$19003111000.9 mi
142220 Eastway Dr$225031.510500 mi
152524 Dora Dr$15953110701.7 mi
162208 Kilborne Dr$15993112280.3 mi
172915 Telford Pl$189531.510860.5 mi
181624 Eastway Dr$169531.59801 mi
192724 Purser Dr$166531.510641.8 mi
203325 Sudbury Rd$159931.511380.9 mi
211839 Darbrook Dr$135031.510001.5 mi
221453 Medford Dr$17003112431.4 mi
232026 Eastway Dr$18503211000.3 mi
242918 Wicklow Pl$19503210980.4 mi
251801 Darbrook Dr$152531.59591.5 mi

Projections