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Long-Term Rental Analysis
353 Kirby Dr, Charlotte, NC 28214
$195,5002 beds • 2 baths • 1128 sqft

This property looks like a bad Long-Term investment with a projected -1.14% first-year return on $41,055 initial cash invested.

Cash On Cash
-1.14%
Cap Rate
6.64%
Rent
$1,595
Signal: Med.
Cashflow
-$39
Financing

Purchase Price  $196k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $41,055
Downpayment  $39,100
Closing costs  $1,955
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,595
Total Expenses  $1,634
Mortgage P&I  $1,041
Property Taxes  $109
Home Insurance  $68
PManagement  $160
CapEx  $80
Vacancy  $96
Maintenance  $80
Other  $0
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