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248 Pangle Dr, Charlotte, NC 28217

4 beds • 3 baths • 1385 sqft

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This property looks like a bad Long-Term investment with a projected -1.97% first-year return on $45,140 initial cash invested.

-1.97%

Cash On Cash

6.44%

Cap Rate

$1,790

Rent

-$74

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,140

Downpayment

20%

$42,990

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,790

Total Expenses

$1,864

Mortgage P&I

64%

$1,137

Property Taxes

10%

$186

Home Insurance

4%

$75

PManagement

10%

$179

CapEx

5%

$90

Vacancy

6%

$107

Maintenance

5%

$90

Other

0%

$0

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3

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2

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5

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2

1

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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