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2506 Hemphill St, Charlotte, NC 28208

2 beds • 1 baths • 678 sqft

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This property looks like a bad Long-Term investment with a projected -0.66% first-year return on $34,650 initial cash invested.

-0.66%

Cash On Cash

6.23%

Cap Rate

1.06

DSCR

$1,270

Rent

-$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,270

Total Expenses

$1,289

Mortgage P&I

64%

$812

Property Taxes

7%

$88

Home Insurance

5%

$58

PManagement

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2510 Hemphill St, Charlotte, NC 28208

$1,150

2

1

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0 mi

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4532 Helena St, Charlotte, NC 28208

$1,199

2

1

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0.9 mi

104 W Rancho Del Cerro

$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

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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

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