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This property looks like a bad Long-Term investment with a projected -14.82% first-year return on $68,250 initial cash invested.
-14.82%
Cash On Cash
3.06%
Cap Rate
0.52
DSCR
$1,410
Rent
-$843
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,410
Total Expenses
$2,253
Mortgage P&I
114%
$1,601
Property Taxes
12%
$172
Home Insurance
8%
$114
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$70
Vacancy
6%
$85
Maintenance
5%
$70
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
420 West Ave, Kannapolis, NC 28081 | $1,300 | 2 | 1 | 1450 | 2.9 mi |
908 S Juniper St, Kannapolis, NC 28081 | $1,350 | 2 | 1 | 1250 | 2.3 mi |
5616 Charlie Walker Rd, Kannapolis, NC 28081 | $1,300 | 2 | 1 | 1141 | 1.2 mi |
404 E 4th St, Kannapolis, NC 28083 | $1,400 | 2 | 1 | 1450 | 3.4 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