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7705 Stone Canyon Ln, Charlotte, NC 28227

4 beds • 3 baths • 1470 sqft

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This property could be a profitable Long-Term investment with a projected 10.98% first-year return on $41,979 initial cash invested.

10.98%

Cash On Cash

9.27%

Cap Rate

1.47

DSCR

$2,180

Rent

$384

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,180

Total Expenses

$1,796

Mortgage P&I

48%

$1,052

Property Taxes

5%

$107

Home Insurance

3%

$70

PManagement

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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