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This property looks like a bad Long-Term investment with a projected -13.43% first-year return on $50,232 initial cash invested.
-13.43%
Cash On Cash
3.68%
Cap Rate
0.6
DSCR
$1,340
Rent
-$562
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,232
Downpayment
20%
$47,840
Closing costs
1%
$2,392
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,340
Total Expenses
$1,902
Mortgage P&I
92%
$1,229
Property Taxes
18%
$239
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
505 Ross Ave, Kannapolis, NC 28083 | $1,295 | 2 | 1 | 1078 | 1.2 mi |
411 Ross Ave, Kannapolis, NC 28083 | $1,480 | 2 | 1 | 1030 | 1.2 mi |
1000 Buick Ave, Kannapolis, NC 28083 | $1,295 | 2 | 1 | 968 | 0.3 mi |
4 Jordan Ln, Kannapolis, NC 28081 | $1,500 | 2 | 1 | 1100 | 1.1 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