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This property looks like a bad Long-Term investment with a projected -16.49% first-year return on $144k initial cash invested.
-16.49%
Cash On Cash
2.22%
Cap Rate
0.41
DSCR
$2,420
Rent
-$1,979
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$686k
Downpayment
20.0%
Interest Rate
5.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$137k
Closing costs
1%
$6,856
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,420
Total Expenses
$4,399
Mortgage P&I
129%
$3,128
Property Taxes
16%
$397
Home Insurance
10%
$245
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2209 Stonewood Dr, Charlotte, NC 28210 | $2,295 | 3 | 2 | 1500 | 0.2 mi |
3235 Archdale Dr, Charlotte, NC 28210 | $2,300 | 3 | 2 | 1600 | 0.7 mi |
5400 Farmbrook Dr, Charlotte, NC 28210 | $3,300 | 3 | 2 | 1505 | 0.5 mi |
118 Manning Dr, Charlotte, NC 28209 | $2,300 | 3 | 2 | 1518 | 0.7 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