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This property looks like a bad Long-Term investment with a projected -10.28% first-year return on $71,673 initial cash invested.
-10.28%
Cash On Cash
4.13%
Cap Rate
0.69
DSCR
$1,890
Rent
-$614
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$341k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,673
Downpayment
20%
$68,260
Closing costs
1%
$3,413
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,890
Total Expenses
$2,504
Mortgage P&I
90%
$1,694
Property Taxes
10%
$198
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
9224 Shenington Pl, Charlotte, NC 28216 | $1,795 | 3 | 2 | 1474 | 0.9 mi |
4614 Sahalee Ln, Charlotte, NC 28216 | $1,885 | 3 | 2 | 1488 | 0.8 mi |
8318 Belstead Brook Ct, Charlotte, NC 28216 | $1,820 | 3 | 2 | 1418 | 0.8 mi |
8712 Canter Post Dr, Charlotte, NC 28216 | $2,000 | 3 | 2 | 1400 | 0.8 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