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$4,671 (target)

512 Bascom St, Charlotte, NC 28205

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Mid-Term investment with a projected -8.27% first-year return on $166k initial cash invested.

-8.27%

Cash On Cash

4.65%

Cap Rate

0.74

DSCR

$4,671

Rent

-$1,145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,671 income − $5,816 expenses = $1,145 out of pocket

Income$4,671Out of Pocket$1,145Mortgage P&I$3,69079%Property Taxes$2816%Insurance$2565%Management$56112%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51411%

Investment Breakdown

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Purchase Price

$705k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,053

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,671

Total Expenses

$5,816

Mortgage P&I

79%

$3,690

Property Taxes

6%

$281

Home Insurance

5%

$256

HOA

0%

$0

Property Management

12%

$561

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$514

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