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This property looks like a bad Long-Term investment with a projected -12.62% first-year return on $51,429 initial cash invested.
-12.62%
Cash On Cash
4.16%
Cap Rate
$1,350
Rent
-$541
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,429
Downpayment
20%
$48,980
Closing costs
1%
$2,449
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,350
Total Expenses
$1,891
Mortgage P&I
98%
$1,322
Property Taxes
10%
$131
Home Insurance
6%
$86
PManagement
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1712 Lasalle St, Charlotte, NC 28216 | $1,300 | 2 | 1 | 660 | 0.4 mi |
1521 Norris Ave, Charlotte, NC 28206 | $1,250 | 2 | 1 | 653 | 0.8 mi |
937 Mcarthur Ave, Apt 3, Charlotte, NC 28206 | $1,799 | 2 | 1 | 650 | 0.9 mi |
937 Mcarthur Ave, Apt 2, Charlotte, NC 28206 | $1,799 | 2 | 1 | 650 | 0.9 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