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This property might be a fair Long-Term investment with a projected 4.37% first-year return on $47,250 initial cash invested.
4.37%
Cash On Cash
7.28%
Cap Rate
1.25
DSCR
$1,980
Rent
$172
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$1,808
Mortgage P&I
55%
$1,094
Property Taxes
6%
$120
Home Insurance
4%
$79
PManagement
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
5812 Ankeny Ct, Charlotte, NC 28269 | $1,800 | 3 | 2 | 1877 | 1.2 mi |
5141 Autumn Oak Dr, Charlotte, NC 28269 | $1,910 | 3 | 2.5 | 1896 | 0.3 mi |
8638 Panglemont Dr, Charlotte, NC 28269 | $1,839 | 3 | 2 | 2077 | 0.9 mi |
8515 Panglemont Dr, Charlotte, NC 28269 | $1,699 | 3 | 2 | 1736 | 1.1 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