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This property looks like a bad Long-Term investment with a projected -7.25% first-year return on $54,600 initial cash invested.
-7.25%
Cash On Cash
4.96%
Cap Rate
0.81
DSCR
$1,650
Rent
-$330
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,650
Total Expenses
$1,980
Mortgage P&I
80%
$1,322
Property Taxes
8%
$139
Home Insurance
6%
$91
PManagement
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6702 Hampton Way Dr, Charlotte, NC 28213 | $1,625 | 3 | 2 | 1022 | 0 mi |
6213 Derryfield Dr, Charlotte, NC 28213 | $1,695 | 3 | 2 | 1025 | 0.1 mi |
235 Kingville Dr, Charlotte, NC 28213 | $1,640 | 3 | 2 | 1005 | 0.4 mi |
607 Kingville Dr, Charlotte, NC 28213 | $1,769 | 3 | 2 | 1038 | 0.2 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