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This property looks like a bad Long-Term investment with a projected -1.06% first-year return on $46,200 initial cash invested.
-1.06%
Cash On Cash
6.57%
Cap Rate
1.04
DSCR
$1,770
Rent
-$41
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,200
Downpayment
20%
$44,000
Closing costs
1%
$2,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$1,811
Mortgage P&I
65%
$1,158
Property Taxes
7%
$117
Home Insurance
4%
$77
PManagement
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
4835 Hopewood Ln, Charlotte, NC 28216 | $1,765 | 3 | 1 | 1219 | 1.2 mi |
2400 Sunset Rd, Charlotte, NC 28216 | $2,200 | 3 | 1 | 1475 | 1.2 mi |
Sunset Rd, Charlotte, NC 28216 | $2,000 | 3 | 1 | 1475 | 1.2 mi |
1602 Oakdale Green Dr, Charlotte, NC 28216 | $1,695 | 3 | 2 | 1268 | 0.6 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