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421 Jones St, Charlotte, NC 28208

3 beds • 2 baths • 1050 sqft

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This property looks like a bad Long-Term investment with a projected -5.51% first-year return on $52,500 initial cash invested.

-5.51%

Cash On Cash

5.2%

Cap Rate

0.87

DSCR

$1,650

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,650

Total Expenses

$1,891

Mortgage P&I

75%

$1,242

Property Taxes

8%

$133

Home Insurance

5%

$88

PManagement

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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