Rental Property Investment Analysis
Investment metrics for 1717 Wilmore Dr, Charlotte, NC 28203
zillow
Single Family Residence
📍 1717 Wilmore Dr, Charlotte, NC 28203
$585,000
🛏 3 bed
🚿 2 bath
📐 2,016 sqft
18
/ 100
Deal Score
F
High Risk Investment
Grade F · 18/100
Monthly Cash Flow
$-470
After all expenses
Cap Rate
5.26%
Below 6% threshold
Monthly Rent
$3,772/mo
Estimated
Total Expenses
$4,242/mo
All-in monthly
Cash-on-Cash
-4.19%
Low return
Annual Cash Flow
$-5,642
Per year
Break-Even Analysis
Break-Even Rent
$4,242 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸High walkability near major employment hubs creates strong rental demand among young professionals seeking convenient urban transit access.
- ▸Access to expanded greenway networks and recreational spaces enhances the appeal of this area for active residential tenants.
- ▸Concentrated retail and dining corridors contribute to the dense neighborhood vibrancy that sustains premium market rental property values.
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (18/100) with a negative cash flow of $-470/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This Single Family Residence at 1717 Wilmore Dr, Charlotte, NC 28203 is listed at $585,000 with 3 bed / 2 bath and 2,016 sq ft.
The estimated monthly rent is $3,772, generating a negative monthly cash flow of $-470 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 5.26% and the cash-on-cash return is -4.19%. This deal received a score of 18/100 (Grade F: High Risk Investment).
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