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3444 Cosby Pl, Charlotte, NC 28205

4 beds • 3 baths • 2781 sqft

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This property looks like a bad Long-Term investment with a projected -20.09% first-year return on $209k initial cash invested.

-20.09%

Cash On Cash

1.42%

Cap Rate

0.26

DSCR

$2,690

Rent

-$3,495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$994k

Downpayment

20.0%

Interest Rate

5.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$199k

Closing costs

1%

$9,941

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,690

Total Expenses

$6,185

Mortgage P&I

169%

$4,536

Property Taxes

22%

$581

Home Insurance

13%

$359

HOA

0%

$11

Property Management

10%

$269

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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Comparable Property

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$2,850

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