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7704 Hickory Stick Pl, Charlotte, NC 28277

3 beds • 2 baths • 1949 sqft

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This property looks like a bad Long-Term investment with a projected -12.7% first-year return on $113k initial cash invested.

-12.7%

Cash On Cash

3.55%

Cap Rate

0.6

DSCR

$2,634

Rent

-$1,197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,386

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,634

Total Expenses

$3,831

Mortgage P&I

101%

$2,658

Property Taxes

11%

$298

Home Insurance

7%

$184

HOA

0%

$6

Property Management

10%

$263

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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