REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

4616 Hovis Rd, Charlotte, NC 28208

3 beds • 1 baths • 1098 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.6% first-year return on $41,979 initial cash invested.

-2.6%

Cash On Cash

6.31%

Cap Rate

0.99

DSCR

$1,550

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,550

Total Expenses

$1,641

Mortgage P&I

69%

$1,064

Property Taxes

7%

$103

Home Insurance

5%

$70

PManagement

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis