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This property looks like a bad Long-Term investment with a projected -4.73% first-year return on $46,200 initial cash invested.
-4.73%
Cash On Cash
5.75%
Cap Rate
$1,580
Rent
-$182
Cashflow
$28,560
Annaul
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
Financing
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,200
Downpayment
20%
$44,000
Closing costs
1%
$2,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,580
Total Expenses
$1,762
Mortgage P&I
73%
$1,157
Property Taxes
7%
$117
Home Insurance
5%
$77
PManagement
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0
Google Maps with comparables properties is loading...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
8325 Mt Holly Rd, Charlotte, NC 28214 | $1,300 | 2 | 1 | 0.9 mi | |
8600 Moores Chapel Rd, Charlotte, NC 28214 | $1,450 | 2 | 2 | 1074 | 0.7 mi |
2333 Belmeade Dr, Charlotte, NC 28214 | $650 | 2 | 2 | 1 mi | |
909 Carrington Dr, Charlotte, NC 28214 | $1,900 | 3 | 1 | 1028 | 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