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This property looks like a bad Long-Term investment with a projected -2.99% first-year return on $51,345 initial cash invested.
-2.99%
Cash On Cash
5.99%
Cap Rate
0.97
DSCR
$1,850
Rent
-$128
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
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,345
Downpayment
20%
$48,900
Closing costs
1%
$2,445
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,850
Total Expenses
$1,978
Mortgage P&I
68%
$1,256
Property Taxes
8%
$156
Home Insurance
5%
$86
PManagement
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
624 Cantwell St, Charlotte, NC 28208 | $1,900 | 3 | 2 | 1128 | 0.9 mi |
2926 Lasalle St, Charlotte, NC 28216 | $1,725 | 3 | 2 | 1082 | 0.8 mi |
609 Seldon Dr, Charlotte, NC 28216 | $2,295 | 3 | 2 | 1146 | 0.9 mi |
821 Key St, Charlotte, NC 28208 | $1,635 | 3 | 2 | 1154 | 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