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This property looks like a bad Long-Term investment with a projected -1.79% first-year return on $46,347 initial cash invested.
-1.79%
Cash On Cash
6.27%
Cap Rate
1.02
DSCR
$1,770
Rent
-$69
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,347
Downpayment
20%
$44,140
Closing costs
1%
$2,207
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$1,839
Mortgage P&I
64%
$1,134
Property Taxes
9%
$167
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
606 Church Ave, Kannapolis, NC 28081 | $1,750 | 3 | 2 | 1642 | 1.7 mi |
620 Homer Corriher Rd, China Grove, NC 28023 | $1,650 | 3 | 2 | 1755 | 1.4 mi |
245 Mt Moriah Church Rd, China Grove, NC 28023 | $1,975 | 3 | 2 | 1788 | 2.1 mi |
1001 Nunnery Ln, Kannapolis, NC 28081 | $2,015 | 3 | 2.5 | 1609 | 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