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353 Kirby Dr, Charlotte, NC 28214

2 beds • 2 baths • 1128 sqft

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This property might be a fair Long-Term investment with a projected 1.61% first-year return on $41,055 initial cash invested.

1.61%

Cash On Cash

7.26%

Cap Rate

1.14

DSCR

$1,720

Rent

$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,055

Downpayment

20%

$39,100

Closing costs

1%

$1,955

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$1,665

Mortgage P&I

61%

$1,041

Property Taxes

6%

$109

Home Insurance

4%

$68

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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