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517 Inwood Dr, Charlotte, NC 28209

3 beds • 2 baths • 1409 sqft

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This property looks like a bad Long-Term investment with a projected -17.33% first-year return on $140k initial cash invested.

-17.33%

Cash On Cash

2.5%

Cap Rate

0.42

DSCR

$2,582

Rent

-$2,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$666k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$133k

Closing costs

1%

$6,664

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,582

Total Expenses

$4,603

Mortgage P&I

127%

$3,278

Property Taxes

16%

$409

Home Insurance

9%

$245

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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