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This property looks like a bad Long-Term investment with a projected -8.35% first-year return on $55,650 initial cash invested.
-8.35%
Cash On Cash
4.56%
Cap Rate
0.77
DSCR
$1,570
Rent
-$387
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
6.3%
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
$1,570
Total Expenses
$1,957
Mortgage P&I
84%
$1,316
Property Taxes
9%
$141
Home Insurance
6%
$93
PManagement
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6717 Bellows Pl, Charlotte, NC 28227 | $1,400 | 2 | 1 | 800 | 0.1 mi |
6022 Woodthrush Dr, Charlotte, NC 28227 | $1,455 | 2 | 1 | 923 | 0.3 mi |
6506 Doubletree Dr, Charlotte, NC 28227 | $1,400 | 2 | 1 | 975 | 0.2 mi |
8126 Holly Hill Rd, Charlotte, NC 28227 | $1,650 | 2 | 1 | 976 | 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