1007 Johnson St,Charlotte,NC,28206

Investment Highlights

Investment property for sale in Charlotte at 1007 Johnson St, Charlotte, NC, 28206 listed at $407,500 pairs $2,602/mo rent with a $1,995/mo payment to leave $118/mo cash flow. Total monthly income runs $2,602/mo, and annual cash flow reaches $1,416/yr on $135,086 cash to close. Return on cash invested measures 20.96% in year one, and rental yield registers 7.66% at a $407,500 basis. Equity gained on principal adds $2,630/yr, and annual property appreciation at 5% supports $112,585 by year five. Five-year ROI tracks 108.33% and total cumulative return in cash totals $146,335. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,602/mo property income relative to a $1,995/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).