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This property looks like a bad Long-Term investment with a projected -5.64% first-year return on $50,400 initial cash invested.
-5.64%
Cash On Cash
5.17%
Cap Rate
0.88
DSCR
$1,880
Rent
-$237
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,880
Total Expenses
$2,117
Mortgage P&I
63%
$1,177
Property Taxes
7%
$136
Home Insurance
4%
$84
HOA
12%
$231
PManagement
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
4314 Hubbard Falls Dr, Charlotte, NC 28269 | $2,100 | 3 | 2.5 | 0.2 mi | |
5618 Turtleback Ct, Charlotte, NC 28269 | $1,995 | 3 | 2.5 | 2166 | 0.2 mi |
5839 Painted Fern Ct, Charlotte, NC 28269 | $2,400 | 3 | 2 | 2204 | 0.3 mi |
4314 Connestee Ct, Charlotte, NC 28269 | $950 | 3 | 2 | 2300 | 0.3 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