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This property looks like a bad Long-Term investment with a projected -6.12% first-year return on $47,229 initial cash invested.
-6.12%
Cash On Cash
5.43%
Cap Rate
0.86
DSCR
$1,540
Rent
-$241
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,540
Total Expenses
$1,781
Mortgage P&I
77%
$1,182
Property Taxes
8%
$120
Home Insurance
5%
$79
PManagement
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
4164 Welling Ave, Charlotte, NC 28208 | $1,325 | 3 | 1 | 1014 | 0.2 mi |
912 Lewiston Ave, Charlotte, NC 28208 | $1,500 | 3 | 1 | 1000 | 0.5 mi |
4007 Dawnview Pl, Charlotte, NC 28208 | $1,300 | 3 | 1 | 1000 | 0.7 mi |
4400 Tillman Rd, Charlotte, NC 28208 | $1,500 | 3 | 1 | 952 | 0.1 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