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4225 Grove St, Charlotte, NC 28269

3 beds • 2 baths • 1924 sqft

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This property might be a fair Long-Term investment with a projected 5% first-year return on $41,979 initial cash invested.

5%

Cash On Cash

8.01%

Cap Rate

1.25

DSCR

$1,920

Rent

$175

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,920

Total Expenses

$1,745

Mortgage P&I

55%

$1,064

Property Taxes

6%

$112

Home Insurance

4%

$70

PManagement

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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