789 Magnolia Court

Charlotte, NC 28205|NoDa

$268,000$289,000

$179/sqft

3Beds

2Baths

1,500sqft

5,200lot sqft

1990Built

41DOM

Below Average

Risk Level

High

Market TrendAppreciating

Pass - Current pricing does not support adequate returns. Risk-adjusted returns are below target thresholds.

Quick Metrics

ARV$296,007

Rehab Cost$22,500

Profit Potential$5,507

Cap Rate5.3%

Cash-on-Cash-1.8%

Monthly Cash Flow-$147

DSCR0.89x

Deal Score Breakdown

Investment Summary

Capital Required

Down Payment (25%)$67,000

Closing Costs (3%)$8,040

Rehab Budget$22,500

Total Cash Required$97,540

Returns

Annual Cash Flow-$1,762

ROI (Flip)5.6%

Break EvenN/A

Assumes 25% down, 6.95% interest rate, 30-year fixed. Actual terms may vary.

Property Description

Well-maintained home in NoDa arts district. Freshly painted, new HVAC system, updated bathrooms. Great rental history - current tenant paying $1,850/mo on month-to-month lease.

New HVAC

Updated Baths

Tenant in Place

Near Light Rail

Freshly Painted

Disclaimer: For informational purposes only, not financial advice. All property data, deal scores, and financial projections are estimates and should not be relied upon for investment decisions. Always conduct your own due diligence and consult with qualified real estate and financial professionals before making investment decisions. Past performance does not guarantee future results.