1900 Double Oaks Rd,Charlotte,NC,28206

Investment Highlights

Investment property for sale in Charlotte at 1900 Double Oaks Rd, Charlotte, NC, 28206 listed at $299,950 pairs $2,814/mo rent with a $1,468/mo payment to leave $986/mo cash flow. Total monthly income runs $2,814/mo, and annual cash flow reaches $11,833/yr on $99,433 cash to close. Return on cash invested measures 31.81% in year one, and rental yield registers 11.26% at a $299,950 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,871 by year five. Five-year ROI tracks 166.56% and total cumulative return in cash totals $165,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,814/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).