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4212 Melchor Ave, Charlotte, NC 28211

3 beds • 2 baths • 1811 sqft

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This property looks like a bad Long-Term investment with a projected -19.23% first-year return on $170k initial cash invested.

-19.23%

Cash On Cash

2.11%

Cap Rate

0.36

DSCR

$2,732

Rent

-$2,723

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$809k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$162k

Closing costs

1%

$8,093

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,732

Total Expenses

$5,455

Mortgage P&I

147%

$4,010

Property Taxes

16%

$445

Home Insurance

11%

$289

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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