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This property looks like a bad Long-Term investment with a projected -20.58% first-year return on $131k initial cash invested.
-20.58%
Cash On Cash
1.77%
Cap Rate
0.3
DSCR
$2,320
Rent
-$2,254
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$626k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,260
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,320
Total Expenses
$4,574
Mortgage P&I
132%
$3,062
Property Taxes
21%
$489
Home Insurance
10%
$222
HOA
9%
$198
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6100 Trinity Crossing Cir, Kannapolis, NC 28081 | $2,990 | 4 | 3 | 3004 | 1.5 mi |
2624 Keady Mill Loop, Kannapolis, NC 28081 | $2,345 | 5 | 4 | 3008 | 0.1 mi |
4215 Greenfield Cir NW, Concord, NC 28027 | $2,320 | 4 | 3 | 2743 | 2.3 mi |
1470 Kindred Cir NW, Concord, NC 28027 | $2,125 | 4 | 3 | 2656 | 2.4 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