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$2,926 (target)

3314 Valerie Dr #1, Charlotte, NC 28216

3 beds • 3 baths • 1609 sqft

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This property looks like a bad Mid-Term investment with a projected -1.27% first-year return on $90,576 initial cash invested.

-1.27%

Cash On Cash

6%

Cap Rate

1.01

DSCR

$2,926

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,926 income − $3,022 expenses = $96 out of pocket

Income$2,926Out of Pocket$96Mortgage P&I$1,70758%Property Taxes$1987%Insurance$1224%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

|

Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,576

Downpayment

20%

$69,120

Closing costs

1%

$3,456

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,926

Total Expenses

$3,022

Mortgage P&I

58%

$1,707

Property Taxes

7%

$198

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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