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818 Dedmon Dr, Charlotte, NC 28216

3 beds • 1 baths • 936 sqft

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This property looks like a bad Long-Term investment with a projected -8.47% first-year return on $52,395 initial cash invested.

-8.47%

Cash On Cash

4.99%

Cap Rate

0.78

DSCR

$1,600

Rent

-$370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,600

Total Expenses

$1,970

Mortgage P&I

83%

$1,328

Property Taxes

9%

$139

Home Insurance

5%

$87

PManagement

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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