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4500 Morgan St, Charlotte, NC 28208

2 beds • 1 baths • 862 sqft

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This property looks like a bad Long-Term investment with a projected -5.06% first-year return on $42,000 initial cash invested.

-5.06%

Cash On Cash

5.29%

Cap Rate

0.89

DSCR

$1,340

Rent

-$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,340

Total Expenses

$1,517

Mortgage P&I

74%

$992

Property Taxes

8%

$107

Home Insurance

5%

$70

PManagement

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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