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7224 Swans Run Rd, Charlotte, NC 28226

3 beds • 2 baths • 1511 sqft

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This property looks like a bad Mid-Term investment with a projected -5.78% first-year return on $117k initial cash invested.

-5.78%

Cash On Cash

4.69%

Cap Rate

0.81

DSCR

$3,348

Rent

-$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,040

Closing costs

1%

$4,702

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,348

Total Expenses

$3,910

Mortgage P&I

68%

$2,264

Property Taxes

9%

$314

Home Insurance

6%

$194

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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