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This property looks like a bad Long-Term investment with a projected -7.86% first-year return on $48,825 initial cash invested.
-7.86%
Cash On Cash
5.22%
Cap Rate
$1,540
Rent
-$320
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,825
Downpayment
20%
$46,500
Closing costs
1%
$2,325
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,540
Total Expenses
$1,860
Mortgage P&I
81%
$1,255
Property Taxes
8%
$124
Home Insurance
5%
$81
PManagement
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2824 Fordwood Dr, Charlotte, NC 28208 | $1,475 | 3 | 1 | 1089 | 0.1 mi |
2836 Parkmont Dr, Charlotte, NC 28208 | $1,725 | 3 | 1 | 1100 | 0 mi |
5216 Eaton Cir, Charlotte, NC 28208 | $1,500 | 3 | 1 | 1040 | 0.9 mi |
4421 Mckinley Dr, Charlotte, NC 28208 | $1,575 | 3 | 1 | 1014 | 1.5 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