Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.49% first-year return on $55,650 initial cash invested.
-9.49%
Cash On Cash
4.16%
Cap Rate
0.71
DSCR
$1,460
Rent
-$440
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,460
Total Expenses
$1,900
Mortgage P&I
88%
$1,286
Property Taxes
10%
$141
Home Insurance
6%
$93
PManagement
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6850 Delta Lake Dr, Charlotte, NC 28215 | $1,395 | 2 | 1 | 923 | 0.7 mi |
8001 Linda Lake Dr, Charlotte, NC 28215 | $1,395 | 2 | 1 | 962 | 1.1 mi |
8051 Southway Rd, Charlotte, NC 28215 | $1,395 | 2 | 1 | 962 | 1.1 mi |
6622 Water Mill Ct, Charlotte, NC 28215 | $1,740 | 2 | 1.5 | 935 | 0.8 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