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Long-Term Rental Analysis
4225 Grove St, Charlotte, NC 28269
$199,9003 beds • 2 baths • 1924 sqft

This property might be a fair Long-Term investment with a projected 4.12% first-year return on $41,979 initial cash invested.

Cash On Cash
4.12%
Cap Rate
7.82%
Rent
$1,879
Cashflow
$144
Rent Confidence:  High
Annual
$22,548
Median
$1,895
Avg
$1,879
Samples
25
Financing

Purchase Price  $200k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $41,979
Downpayment  $39,980
Closing costs  $1,999
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,879
Total Expenses  $1,735
Mortgage P&I  $1,064
Property Taxes  $112
Home Insurance  $70
PManagement  $188
CapEx  $94
Vacancy  $113
Maintenance  $94
Other  $0
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