REI Lense

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$3,434 (target)

5201 Glenham Dr, Charlotte, NC 28210

3 beds • 2 baths • 1393 sqft

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This property looks like a bad Mid-Term investment with a projected -9.45% first-year return on $140k initial cash invested.

-9.45%

Cash On Cash

3.87%

Cap Rate

0.66

DSCR

$3,434

Rent

-$1,105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $4,539 expenses = $1,105 out of pocket

Income$3,434Out of Pocket$1,105Mortgage P&I$2,84783%Property Taxes$3159%Insurance$2106%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%

Investment Breakdown

|

Purchase Price

$583k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$117k

Closing costs

1%

$5,826

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,434

Total Expenses

$4,539

Mortgage P&I

83%

$2,847

Property Taxes

9%

$315

Home Insurance

6%

$210

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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