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This property looks like a bad Long-Term investment with a projected -6.17% first-year return on $55,020 initial cash invested.
-6.17%
Cash On Cash
5.21%
Cap Rate
0.85
DSCR
$1,750
Rent
-$283
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,020
Downpayment
20%
$52,400
Closing costs
1%
$2,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$2,033
Mortgage P&I
76%
$1,332
Property Taxes
9%
$153
Home Insurance
5%
$92
PManagement
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
3923 Colebrook Rd, Charlotte, NC 28215 | $1,650 | 3 | 2 | 1008 | 0.5 mi |
6608 Rosecran Dr, Charlotte, NC 28215 | $2,850 | 3 | 2 | 1000 | 0.7 mi |
6608 Willow Spring Rd, Charlotte, NC 28215 | $1,605 | 3 | 1.5 | 938 | 0.8 mi |
5133 Possum Trot Ln, Charlotte, NC 28215 | $1,550 | 3 | 2 | 1062 | 0.7 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality