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Long-Term Rental Analysis
4616 Hovis Rd, Charlotte, NC 28208
$199,9003 beds • 1 baths • 1098 sqft

This property looks like a bad Long-Term investment with a projected -3.77% first-year return on $41,979 initial cash invested.

Cash On Cash
-3.77%
Cap Rate
6.05%
Rent
$1,495
Signal: Med.
Cashflow
-$132
Financing

Purchase Price  $200k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $41,979
Downpayment  $39,980
Closing costs  $1,999
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,495
Total Expenses  $1,627
Mortgage P&I  $1,064
Property Taxes  $103
Home Insurance  $70
PManagement  $150
CapEx  $75
Vacancy  $90
Maintenance  $75
Other  $0
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