1017 Interurban Ave Charlotte, NC 28208
3bd, 1.5ba | 1,000sqft | Built in 1962
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Initial Investment
$121,699
List Price: $119,900
Purchase Price
$119,900
Down Payment
100%
Rent
$887

Total Return
$45,080
Annualized Return
7.1%
Cap Rate
5.8%
Gross Yield
8.9%
Cash Flow
$6,417
Appreciation
2.8%
Gross Yield
8.9%
 
Cap Rate
5.8%
 
Cash on Cash
5.3%
 
Ann. Return
7.1%
in 5 years
Initial Investment
$121,699
Purchase Price
$119,900
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$0
Total Return
$45,080
Appreciation
2.8%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $6,417 $6,816 $7,241 $8,399
Monthly $535 $568 $603 $700
Property Value in 2024
$137,477
Loan Balance
$0
Disposition Fees
-$4,812

Sale Proceeds
$132,665

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $34,113
$569/mo
$73,732
$614/mo
$172,905
$720/mo
$306,186
$851/mo
Cumulative Appreciation Gain $17,577
$39,473
$94,285
$167,946
Equity Build Up $119,900
$119,900
$119,900
$119,900
Total Investment Value $171,590
$233,106
$387,090
$594,032