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This property looks like a bad Long-Term investment with a projected -6.57% first-year return on $58,779 initial cash invested.
-6.57%
Cash On Cash
5.41%
Cap Rate
$1,910
Rent
-$322
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,910
Total Expenses
$2,232
Mortgage P&I
78%
$1,487
Property Taxes
8%
$149
Home Insurance
5%
$98
PManagement
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
8412 Spirea Ct, Charlotte, NC 28215 | $1,905 | 3 | 2.5 | 1604 | 0 mi |
8226 Gabon Ct, Charlotte, NC 28215 | $1,855 | 3 | 2.5 | 1630 | 0.4 mi |
11707 Downy Birch Rd, Charlotte, NC 28227 | $1,300 | 3 | 3 | 1726 | 1.3 mi |
7314 Fig Ln, Charlotte, NC 28215 | $1,895 | 3 | 2.5 | 1688 | 0.4 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