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This property looks like a bad Long-Term investment with a projected -7.45% first-year return on $48,300 initial cash invested.
-7.45%
Cash On Cash
4.98%
Cap Rate
0.81
DSCR
$1,490
Rent
-$300
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,490
Total Expenses
$1,790
Mortgage P&I
79%
$1,181
Property Taxes
10%
$143
Home Insurance
5%
$80
PManagement
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
509 Sinclair St, Charlotte, NC 28208 | $1,395 | 2 | 1 | 1025 | 1.3 mi |
4521 Hovis Rd, Charlotte, NC 28208 | $1,250 | 2 | 1 | 1000 | 1.4 mi |
4615 Sampson St, Charlotte, NC 28208 | $1,375 | 2 | 1 | 950 | 1.4 mi |
524 W Todd Ln, Charlotte, NC 28208 | $1,250 | 2 | 1 | 806 | 0.5 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