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This property looks like a bad Long-Term investment with a projected -5.59% first-year return on $49,350 initial cash invested.
-5.59%
Cash On Cash
5.56%
Cap Rate
0.88
DSCR
$1,640
Rent
-$230
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,640
Total Expenses
$1,870
Mortgage P&I
75%
$1,237
Property Taxes
8%
$125
Home Insurance
5%
$82
PManagement
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
3601 Crestridge Dr, Charlotte, NC 28217 | $1,550 | 3 | 1 | 985 | 0.2 mi |
2914 Mayflower Rd, Charlotte, NC 28208 | $1,495 | 3 | 1 | 980 | 0.7 mi |
3133 Revolution Park Dr, Charlotte, NC 28217 | $1,600 | 3 | 1 | 1050 | 0.6 mi |
4033 Fieldcrest Rd, Charlotte, NC 28217 | $1,750 | 3 | 1 | 1070 | 0.5 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