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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 3.89% first-year return on $41,979 initial cash invested.

Cash On Cash
3.89%
Cap Rate
7.76%
Rent
$1,867
Cashflow
$136
Rent Confidence:  High
Annual
$22,404
Median
$1,845
Avg
$1,867
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  $1,867
Total Expenses  $1,731
Mortgage P&I  $1,064
Property Taxes  $112
Home Insurance  $70
PManagement  10% $187
CapEx  5% $93
Vacancy  6% $112
Maintenance  5% $93
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
13824 Alexander Forest Dr$19853218901 mi
23628 Ribbonwalk Trl$19453219501.2 mi
35504 Graypark Dr$17893218901.2 mi
42435 Cairns Mill Ct$16993218201 mi
55040 Cheviot Rd$21303217210.9 mi
63360 Atlas Dr$16923217170.9 mi
73712 Alexander Forest Dr$194032.518901.1 mi
84108 Brawer Farm Dr$18103217281.4 mi
92402 Cairns Mill Ct$192032.520000.9 mi
104835 Belmar Place Rd$185532.518380.8 mi
114640 Belmar Place Rd$178032.518280.9 mi
124232 Devonbridge Ln$209932.519121.9 mi
133625 Ribbonwalk Trl$174532.518121.1 mi
143825 Oakwood Rd$16493215160.6 mi
154605 Belmar Place Rd$194532.517591 mi
166406 Nevin Glen Dr$196532.518241.6 mi
173716 Alexander Forest Dr$180532.517581.1 mi
185217 Elizabeth Rd$17753215400.9 mi
195418 Graypark Dr$169932.517561.2 mi
204218 John Dale Ln, Unit 8$176532.517561.2 mi
214218 John Dale Ln$188032.517561.2 mi
224219 John Dale Ln$225032.517451.2 mi
234217 Lake Rd$184532.516090.1 mi
244531 Belmar Place Rd$193532.517161 mi
252818 Dellinger Dr$176532.517961.9 mi

Project Rental Revenue For Any Address