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2507 Eddington St, Charlotte, NC 28208

2 beds • 1 baths • 644 sqft

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This property looks like a bad Long-Term investment with a projected -7.81% first-year return on $44,079 initial cash invested.

-7.81%

Cash On Cash

4.63%

Cap Rate

0.78

DSCR

$1,260

Rent

-$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,260

Total Expenses

$1,547

Mortgage P&I

82%

$1,033

Property Taxes

9%

$112

Home Insurance

6%

$74

PManagement

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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Comparable Property

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SQFT

Distance

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5

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5

4

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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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