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Long-Term Rental Analysis
324 N Linwood Ave, Charlotte, NC 28216
$240,0003 beds • 1 baths • 1232 sqft

This property looks like a bad Long-Term investment with a projected -5.76% first-year return on $50,400 initial cash invested.

Cash On Cash
-5.76%
Cap Rate
5.17%
Rent
$1,575
Cashflow
-$242
Rent Confidence:  High
Annual
$18,900
Median
$1,530
Avg
$1,557
Samples
25
Financing

Purchase Price  $240k
Downpayment  20.0%
Interest Rate  6.4%
Mortgage Duration  30yr.
Cash To Invest

Total  $50,400
Downpayment  $48,000
Closing costs  $2,400
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,575
Total Expenses  $1,817
Mortgage P&I  $1,197
Property Taxes  $126
Home Insurance  $84
PManagement  10% $158
CapEx  5% $79
Vacancy  6% $94
Maintenance  5% $79
Other  0% $0
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