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This property looks like a bad Long-Term investment with a projected -2.7% first-year return on $48,510 initial cash invested.
-2.7%
Cash On Cash
6.04%
Cap Rate
0.98
DSCR
$1,730
Rent
-$109
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,510
Downpayment
20%
$46,200
Closing costs
1%
$2,310
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,730
Total Expenses
$1,839
Mortgage P&I
69%
$1,186
Property Taxes
7%
$123
Home Insurance
5%
$81
PManagement
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6608 Rosecran Dr, Charlotte, NC 28215 | $2,850 | 3 | 2 | 1000 | 0.2 mi |
6608 Willow Spring Rd, Charlotte, NC 28215 | $1,605 | 3 | 1.5 | 938 | 0.1 mi |
5133 Possum Trot Ln, Charlotte, NC 28215 | $1,550 | 3 | 2 | 1062 | 0.3 mi |
8024 Gera Emma Dr, Charlotte, NC 28215 | $1,665 | 3 | 2 | 1004 | 1.1 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