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2621 Plum St, Charlotte, NC 28269

2 beds • 1 baths • 713 sqft

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This property could be a profitable Long-Term investment with a projected 12.85% first-year return on $27,090 initial cash invested.

12.85%

Cash On Cash

9.3%

Cap Rate

1.56

DSCR

$1,410

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,090

Downpayment

20%

$25,800

Closing costs

1%

$1,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,410

Total Expenses

$1,120

Mortgage P&I

45%

$640

Property Taxes

5%

$69

Home Insurance

3%

$45

PManagement

10%

$141

CapEx

5%

$70

Vacancy

6%

$85

Maintenance

5%

$70

Other

0%

$0

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