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This property looks like a bad Long-Term investment with a projected -6.24% first-year return on $56,700 initial cash invested.
-6.24%
Cash On Cash
5.33%
Cap Rate
0.85
DSCR
$1,820
Rent
-$295
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,820
Total Expenses
$2,115
Mortgage P&I
77%
$1,404
Property Taxes
8%
$144
Home Insurance
5%
$94
PManagement
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
4932 Magnasco Ln, Charlotte, NC 28208 | $1,639 | 3 | 2 | 1440 | 0.8 mi |
4729 Brewer Dr, Charlotte, NC 28208 | $1,699 | 3 | 2 | 1440 | 0.8 mi |
2228 Heather Glen Ln, Charlotte, NC 28208 | $1,645 | 3 | 2 | 1374 | 0.1 mi |
1330 Nadies Ct, Charlotte, NC 28214 | $1,699 | 3 | 2 | 1442 | 1.2 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality