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Long-Term Rental Analysis
3434 Denson Pl, Charlotte, NC 28215
$219,9004 beds • 3 baths • 2034 sqft

This property might be a fair Long-Term investment with a projected 7.35% first-year return on $46,179 initial cash invested.

Cash On Cash
7.35%
Cap Rate
8.12%
Rent
$2,168
Cashflow
$283
Rent Confidence:  High
Annual
$26,016
Median
$2,095
Avg
$2,128
Samples
25
Financing

Purchase Price  $220k
Downpayment  20.0%
Interest Rate  6.4%
Mortgage Duration  30yr.
Cash To Invest

Total  $46,179
Downpayment  $43,980
Closing costs  $2,199
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,168
Total Expenses  $1,885
Mortgage P&I  $1,097
Property Taxes  $148
Home Insurance  $77
PManagement  10% $217
CapEx  5% $108
Vacancy  6% $130
Maintenance  5% $108
Other  0% $0
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