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$4,470 (target)

5217 Londonderry Rd, Charlotte, NC 28210

3 beds • 2 baths • 1734 sqft

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This property looks like a bad Mid-Term investment with a projected -10.61% first-year return on $169k initial cash invested.

-10.61%

Cash On Cash

4.22%

Cap Rate

0.66

DSCR

$4,470

Rent

-$1,498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,470 income − $5,968 expenses = $1,498 out of pocket

Income$4,470Out of Pocket$1,498Mortgage P&I$3,85286%Property Taxes$3688%Insurance$2285%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49211%

Investment Breakdown

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Purchase Price

$721k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,210

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,470

Total Expenses

$5,968

Mortgage P&I

86%

$3,852

Property Taxes

8%

$368

Home Insurance

5%

$228

HOA

0%

$0

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$492

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