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1317 Moretz Ave, Charlotte, NC 28206

2 beds • 1 baths • 959 sqft

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This property looks like a bad Long-Term investment with a projected -1.96% first-year return on $36,750 initial cash invested.

-1.96%

Cash On Cash

6.37%

Cap Rate

$1,370

Rent

-$60

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,370

Total Expenses

$1,430

Mortgage P&I

67%

$921

Property Taxes

7%

$93

Home Insurance

4%

$61

PManagement

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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