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8114 Holly Hill Rd, Charlotte, NC 28227

3 beds • 1 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -1.86% first-year return on $50,400 initial cash invested.

-1.86%

Cash On Cash

5.85%

Cap Rate

1.01

DSCR

$1,750

Rent

-$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$1,828

Mortgage P&I

66%

$1,160

Property Taxes

7%

$128

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

8200 Mahogany Dr, Charlotte, NC 28227

$1,700

3

1

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6107 Charred Pine Cir, Charlotte, NC 28227

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3

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8129 Holly Hill Rd, Charlotte, NC 28227

$1,550

3

1

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0 mi

7824 Pelican Ct, Charlotte, NC 28227

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3

2

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0.4 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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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

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$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

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