Price $83,000
NET Annual Return on Investment 20.79%
Occupancy Status Occupied
Address: Moores Chapel Rd, Charlotte, NC

Address: Moores Chapel Rd, Charlotte, NC
Rent: $875.00
Bedroom(s): 3
Bathroom(s): 1
Built in: 1961
Square Feet(s): 904
Square Meter(s): 83

Recently Renovated Single Family Home

Fav Four of Renovations
Central Heat

Detail: New in 2015

Water Heater

Detail: New in 2015

Roof

Detail: New in 2015

Electric Panel

Detail: New in 2015

Renovation Description

This property has been fully renovated... Everything is new except the structure! Low risk maintenance property when you have brand new Central Heat and Air, new water heater, new roof, new exterior paint..and new insides...

Rent:
$875.00
Principal & Interest:
$334.17

Property Tax/ Council Rates:
$69.60

Insurance:
$41.67

Property Management:
$70.00

HOA Fees:
$0.00

Total Expenses Per Month:
$515.44

Net Income / Mo. [mo. net] / Year [year net]
$359.56

Net Annual Return on Investment (ROI) :
20.79%
Financing Description for USA
Loan To Value:
75%

Down Payment:
$20,750.00

Interest Rate:
5.00%

Term:
30.00 year(s)
Disclaimer: This loan is a loan that we have experienced with a particular lender
Cash Purchase
Total Expenses:
$181.27

Net Monthly Cash Flow:
$693.73

Net Annual Return on Investment (ROI):
10.03%
Rent:
$875.00
Principal & Interest:
$418.24

Property Tax/ Council Rates:
$69.60

Insurance:
$41.67

Property Management:
$70.00

HOA / Body Corp:
$0.00

Total Expenses Per Month:
$599.51

Net Income / Mo. [mo. net] / Year [year net]
$275.49

Net Annual Return on Investment (ROI) :
13.28%
Financing Description for International
Loan To Value Ratio:
70.00%

Down Payment:
$24,900.00

Interest Rate:
7.80%

Term:
30.00 year(s)
Disclaimer: This loan is a loan that we have experienced with a particular lender
Cash Purchase
Total Expenses:
$181.27

Net Monthly Cash Flow:
$693.73

Net Annual Return on Investment (ROI) :
10.03%