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622 Northcrest Dr, Charlotte, NC 28206

3 beds • 1 baths • 923 sqft

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This property could be a profitable Long-Term investment with a projected 12.28% first-year return on $32,550 initial cash invested.

12.28%

Cash On Cash

9.11%

Cap Rate

1.55

DSCR

$1,670

Rent

$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,670

Total Expenses

$1,337

Mortgage P&I

46%

$760

Property Taxes

5%

$88

Home Insurance

3%

$54

PManagement

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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