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This property looks like a bad Long-Term investment with a projected -10.26% first-year return on $97,860 initial cash invested.
-10.26%
Cash On Cash
4.14%
Cap Rate
0.69
DSCR
$2,590
Rent
-$837
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,860
Downpayment
20%
$93,200
Closing costs
1%
$4,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,590
Total Expenses
$3,427
Mortgage P&I
89%
$2,316
Property Taxes
10%
$270
Home Insurance
6%
$167
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$155
Maintenance
5%
$130
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2020 Galty Ln, Charlotte, NC 28270 | $2,350 | 4 | 2.5 | 1951 | 0.1 mi |
2530 Stirrup Ridge Ln, Charlotte, NC 28270 | $2,650 | 4 | 3 | 2144 | 0.7 mi |
3424 Allenwood Rd, Charlotte, NC 28270 | $2,565 | 4 | 2.5 | 2137 | 0.1 mi |
2103 Winthorp Ridge Rd, Charlotte, NC 28270 | $2,500 | 4 | 3 | 2317 | 0.7 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