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2300 Kennesaw Dr, Charlotte, NC 28216

3 beds • 1 baths • 808 sqft

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This property looks like a bad Long-Term investment with a projected -5.24% first-year return on $48,090 initial cash invested.

-5.24%

Cash On Cash

5.36%

Cap Rate

$1,550

Rent

-$210

Cashflow

-8.72

Cach on Cash

4.92%

Cap Rate

$3.477

Rent

-%822

Cashflow

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$1,760

Mortgage P&I

74%

$1,154

Property Taxes

8%

$122

Home Insurance

5%

$80

PManagement

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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3

1

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3

1

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3

1

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4

2

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1.3 mi

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

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2

1

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0.9 mi

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$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

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