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This property looks like a bad Long-Term investment with a projected -4.43% first-year return on $49,539 initial cash invested.
-4.43%
Cash On Cash
5.6%
Cap Rate
0.92
DSCR
$1,680
Rent
-$183
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,539
Downpayment
20%
$47,180
Closing costs
1%
$2,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,680
Total Expenses
$1,863
Mortgage P&I
71%
$1,200
Property Taxes
9%
$143
Home Insurance
5%
$83
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 |
---|---|---|---|---|---|
407 Stirrup Ct, Charlotte, NC 28215 | $1,595 | 3 | 1 | 1004 | 0.1 mi |
2116 Finchley Dr, Charlotte, NC 28215 | $1,449 | 3 | 1 | 864 | 1.1 mi |
5520 The Plz, Charlotte, NC 28215 | $1,695 | 3 | 1 | 1167 | 0.3 mi |
6608 Willow Spring Rd, Charlotte, NC 28215 | $1,605 | 3 | 1.5 | 938 | 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