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This property looks like a bad Long-Term investment with a projected -7.51% first-year return on $55,755 initial cash invested.
-7.51%
Cash On Cash
4.75%
Cap Rate
0.8
DSCR
$1,630
Rent
-$349
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,755
Downpayment
20%
$53,100
Closing costs
1%
$2,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,630
Total Expenses
$1,979
Mortgage P&I
81%
$1,319
Property Taxes
9%
$142
Home Insurance
6%
$93
PManagement
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
3227 Lake Dr, Charlotte, NC 28269 | $2,000 | 2 | 2 | 1000 | 0.7 mi |
7108 Somerset Springs Dr, Charlotte, NC 28262 | $1,398 | 2 | 2 | 1262 | 0.6 mi |
5627 Seths Dr, Charlotte, NC 28269 | $1,450 | 2 | 2 | 930 | 0.4 mi |
6454 Mallard View Ln, Charlotte, NC 28269 | $1,715 | 2 | 2 | 1296 | 0.5 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