Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.95% first-year return on $50,400 initial cash invested.
-6.95%
Cash On Cash
5.03%
Cap Rate
0.82
DSCR
$1,540
Rent
-$292
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,540
Total Expenses
$1,832
Mortgage P&I
79%
$1,220
Property Taxes
8%
$128
Home Insurance
5%
$84
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 |
|---|---|---|---|---|---|
520 Porter St, Charlotte, NC 28208 | $1,395 | 3 | 1 | 1056 | 0.2 mi |
322 S Ramsey St, Charlotte, NC 28208 | $1,800 | 3 | 1 | 1060 | 0.3 mi |
505 Sinclair St, Charlotte, NC 28208 | $1,475 | 3 | 1 | 1048 | 0.2 mi |
641 Reeves Ct, Charlotte, NC 28208 | $1,560 | 3 | 1 | 1068 | 0.5 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