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This property looks like a bad Long-Term investment with a projected -1.1% first-year return on $52,479 initial cash invested.
-1.1%
Cash On Cash
6.33%
Cap Rate
$1,950
Rent
-$48
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$1,998
Mortgage P&I
65%
$1,269
Property Taxes
7%
$133
Home Insurance
5%
$88
PManagement
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2412 Booker Ave, Charlotte, NC 28216 | $1,650 | 3 | 2 | 1290 | 0.1 mi |
1724 Mcdonald St, Charlotte, NC 28216 | $1,730 | 3 | 2 | 1255 | 0.5 mi |
409 N Summit Ave, Charlotte, NC 28216 | $1,795 | 3 | 2 | 1285 | 0.9 mi |
1236 Dean St, Charlotte, NC 28216 | $2,500 | 3 | 2 | 1264 | 0.9 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