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This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $52,500 initial cash invested.
-9.1%
Cash On Cash
4.81%
Cap Rate
$1,550
Rent
-$398
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,550
Total Expenses
$1,948
Mortgage P&I
85%
$1,323
Property Taxes
9%
$133
Home Insurance
6%
$88
PManagement
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
4912 Morgan St, Charlotte, NC 28208 | $1,680 | 3 | 1 | 950 | 0.3 mi |
4400 Tillman Rd, Charlotte, NC 28208 | $1,500 | 3 | 1 | 952 | 0.4 mi |
4953 Winchester St, Charlotte, NC 28208 | $1,545 | 3 | 1 | 950 | 0.4 mi |
4927 Morgan St, Charlotte, NC 28208 | $1,395 | 3 | 1 | 925 | 0.3 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