REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3100 Glenelm Ct, Charlotte, NC 28212

3 beds • 2 baths • 1567 sqft

Email

This property might be a fair Long-Term investment with a projected 2.26% first-year return on $49,350 initial cash invested.

2.26%

Cash On Cash

6.77%

Cap Rate

1.17

DSCR

$1,940

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,940

Total Expenses

$1,847

Mortgage P&I

59%

$1,136

Property Taxes

6%

$125

Home Insurance

4%

$82

PManagement

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

Google Maps with comparables properties is loading...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

7002 Brighton Brook Dr, Charlotte, NC 28212

$2,065

3

2

1554

0.6 mi

2601 Dion Ave, Charlotte, NC 28212

$1,795

3

2

1493

0.3 mi

7317 Rockwood Forest Ln, Charlotte, NC 28212

$2,030

3

2

1632

0.5 mi

6813 Elm Forest Dr, Charlotte, NC 28212

$2,595

3

2

1444

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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis