REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

8114 Holly Hill Rd, Charlotte, NC 28227

3 beds • 1 baths • 1232 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.17% first-year return on $50,400 initial cash invested.

-2.17%

Cash On Cash

5.82%

Cap Rate

1

DSCR

$1,740

Rent

-$91

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

$1,740

Total Expenses

$1,831

Mortgage P&I

67%

$1,167

Property Taxes

7%

$128

Home Insurance

5%

$84

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

8200 Mahogany Dr, Charlotte, NC 28227

$1,700

3

1

1188

0.1 mi

6107 Charred Pine Cir, Charlotte, NC 28227

$1,400

3

1

1112

0.8 mi

8129 Holly Hill Rd, Charlotte, NC 28227

$1,550

3

1

1024

0 mi

6738 Old Meadow Rd, Charlotte, NC 28227

$1,800

3

1.5

1200

1.2 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis