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This property looks like a bad Long-Term investment with a projected -0.67% first-year return on $50,400 initial cash invested.
-0.67%
Cash On Cash
6.85%
Cap Rate
$2,060
Rent
-$28
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,060
Total Expenses
$2,088
Mortgage P&I
63%
$1,295
Property Taxes
6%
$128
Home Insurance
4%
$84
HOA
2%
$45
PManagement
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
10417 Cochran Ridge Ave, Charlotte, NC 28213 | $1,900 | 4 | 3 | 1958 | 0.6 mi |
4611 Abercromby St, Charlotte, NC 28213 | $1,585 | 4 | 3 | 1812 | 0.3 mi |
5016 Abercromby St, Charlotte, NC 28213 | $2,075 | 4 | 2.5 | 2090 | 0.1 mi |
4915 Abercromby St, Charlotte, NC 28213 | $1,965 | 4 | 2.5 | 2100 | 0 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