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This property looks like a bad Long-Term investment with a projected -5.52% first-year return on $56,700 initial cash invested.
-5.52%
Cash On Cash
5.05%
Cap Rate
0.87
DSCR
$1,740
Rent
-$261
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,740
Total Expenses
$2,001
Mortgage P&I
75%
$1,311
Property Taxes
8%
$144
Home Insurance
5%
$94
PManagement
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
8223 Chrisbry Ln, Charlotte, NC 28215 | $1,765 | 3 | 2 | 1148 | 0.1 mi |
8125 Plott Rd, Charlotte, NC 28215 | $1,850 | 3 | 2 | 1152 | 0.3 mi |
8247 Gera Emma Dr, Charlotte, NC 28215 | $1,820 | 3 | 2 | 1104 | 0.1 mi |
8106 Tamalpais Ct, Charlotte, NC 28215 | $1,850 | 3 | 2 | 1209 | 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