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9113 Shenington Pl, Charlotte, NC 28216

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -9.29% first-year return on $68,313 initial cash invested.

-9.29%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$1,880

Rent

-$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,313

Downpayment

20%

$65,060

Closing costs

1%

$3,253

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,880

Total Expenses

$2,409

Mortgage P&I

86%

$1,617

Property Taxes

10%

$187

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

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SQFT

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2

1

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4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

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0.6 mi

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