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This property looks like a bad Long-Term investment with a projected -10.04% first-year return on $58,800 initial cash invested.
-10.04%
Cash On Cash
4.63%
Cap Rate
$1,680
Rent
-$492
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,680
Total Expenses
$2,172
Mortgage P&I
89%
$1,488
Property Taxes
9%
$149
Home Insurance
6%
$98
PManagement
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
5717 Stone Bluff Ct, Charlotte, NC 28214 | $1,615 | 3 | 2 | 1003 | 0.1 mi |
1126 Maria Christina Ln, Charlotte, NC 28214 | $1,900 | 3 | 2 | 1008 | 0.2 mi |
6004 Derek Christopher Ct, Charlotte, NC 28214 | $1,710 | 3 | 2 | 1010 | 0.2 mi |
5618 Stone Bluff Ct, Charlotte, NC 28214 | $1,550 | 3 | 2 | 1032 | 0.1 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