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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 Mid-Term investment with a projected -10.45% first-year return on $158k initial cash invested.

-10.45%

Cash On Cash

3.7%

Cap Rate

0.63

DSCR

$3,873

Rent

-$1,376

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

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,664

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,873

Total Expenses

$5,249

Mortgage P&I

85%

$3,278

Property Taxes

11%

$409

Home Insurance

6%

$245

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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