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Project Rental Revenue For Any Address

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Long-Term Rental Analysis
5223 Great Wagon Rd, Charlotte, NC 28215
$255,000 • 2 beds • 2 baths • 1050 sqft

This property looks like a bad Long-Term investment with a projected -12.08% first-year return on $53,550 initial cash invested.

Cash On Cash
-12.08%
Cap Rate
4.19%
Rent
$1,444
Cashflow
-$539
Rent Confidence:  High
Annual
$17,328
Median
$1,400
Avg
$1,444
Samples
25
Financing
Purchase Price  $255k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest
Total  $53,550
Downpayment  20% $51,000
Closing costs  1% $2,550
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,444
Total Expenses  $1,983
Mortgage P&I  94% $1,357
Property Taxes  11% $162
Home Insurance  6% $89
PManagement  10% $144
CapEx  5% $72
Vacancy  6% $87
Maintenance  5% $72
Other  0% $0
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#Comparable PropertyRentBedsBathsSQFTDistance
14823 Spring Lake Dr, Apt B$13002210530.7 mi
24824 Spring Lake Dr, Apt F$13952210560.7 mi
35243 Magnolia Tree Ln$17502210301.2 mi
47332 Rose Terrace Ct, Unit 1$12502210461.4 mi
54601 Sharon Chase Dr, Apt D$1650229580.2 mi
67360 Rose Terrace Ct$16002210401.4 mi
74516 Sharon Chase Dr, Apt F$1575229580.2 mi
84516 Sharon Chase Dr, Apt D$1350229580.2 mi
94157 Birch Leaf Ct$14502210301.4 mi
104417 Sharon Chase Dr, Apt C$1575229580.4 mi
114600 Sharon Chase Dr, Apt D$1650229480.2 mi
124408 Sharon Chase Dr, Apt B$1490229580.4 mi
135867 Harris Grove Ln$15502211121.1 mi
143910 Briarhill Dr$1250229741 mi
156230 Rosecroft Dr$11952211001.4 mi
164417 Sharon Chase Dr, Apt A$1399229290.4 mi
174417 Sharon Chase Dr$1550229290.4 mi
184508 Sharon Chase Dr, Apt C$1250229130.2 mi
194824 Spring Lake Dr, Apt E$139521.510530.7 mi
204516 Sharon Chase Dr$1400229100.2 mi
214517 Sharon Chase Dr, Apt E$1280229170.3 mi
224400 Sharon Chase Dr$1350229130.4 mi
234416 Sharon Chase Dr, Apt B$1500229130.4 mi
244409 Sharon Chase Dr, Apt B$1650229130.4 mi
254821 Spring Lake Dr, Apt E$12952211980.6 mi

Projections