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2705 Abelwood Rd, Charlotte, NC 28216

3 beds • 1 baths • 979 sqft

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This property looks like a bad Long-Term investment with a projected -8.81% first-year return on $50,400 initial cash invested.

-8.81%

Cash On Cash

4.92%

Cap Rate

0.77

DSCR

$1,520

Rent

-$370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,520

Total Expenses

$1,890

Mortgage P&I

84%

$1,277

Property Taxes

9%

$134

Home Insurance

6%

$84

PManagement

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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