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Long-Term Rental Analysis
4823 Springview Rd, Charlotte, NC 28213
$194,9003 beds • 1 baths • 985 sqft

This property looks like a bad Long-Term investment with a projected -1.44% first-year return on $40,929 initial cash invested.

Cash On Cash
-1.44%
Cap Rate
6.57%
Rent
$1,575
Signal: Med.
Cashflow
-$49
Financing

Purchase Price  $195k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $40,929
Downpayment  $38,980
Closing costs  $1,949
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,575
Total Expenses  $1,624
Mortgage P&I  $1,037
Property Taxes  $109
Home Insurance  $68
PManagement  $158
CapEx  $79
Vacancy  $94
Maintenance  $79
Other  $0
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