Rental Property Investment Analysis
Investment metrics for 7620 Covey Chase Dr, Charlotte, NC 28210
zillow
Single Family Residence
📍 7620 Covey Chase Dr, Charlotte, NC 28210
$815,000
🛏 4 bed
🚿 3 bath
📐 2,865 sqft
50
/ 100
Deal Score
D
Weak Investment
Grade D · 50/100
Monthly Cash Flow
+$74
After all expenses
Cap Rate
6.34%
Strong yield
Monthly Rent
$5,705/mo
Estimated
Total Expenses
$5,631/mo
All-in monthly
Cash-on-Cash
0.47%
Low return
Annual Cash Flow
$888
Per year
Break-Even Analysis
Break-Even Rent
$5,631 / mo
Minimum monthly rent needed to cover all estimated expenses
Key Takeaway
Investor Summary
Under current assumptions, this property is a weak rental investment (50/100). The modest positive monthly cash flow of +$74/mo offers limited upside. A lower purchase price or stronger rent would be needed to improve returns.
Analysis Summary
This Single Family Residence at 7620 Covey Chase Dr, Charlotte, NC 28210 is listed at $815,000 with 4 bed / 3 bath and 2,865 sq ft.
The estimated monthly rent is $5,705, generating a modest positive monthly cash flow of +$74 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 6.34% and the cash-on-cash return is 0.47%. This deal received a score of 50/100 (Grade D: Weak Investment).
More analyzed properties in Charlotte
Run a BRRRR Analysis
BRRRR Deal Calculator
Pre-filled using this property's analysis. Adjust rehab and financing assumptions to estimate BRRRR returns.
Property Data
Rehab & Refinance Inputs
$
$
$
%
$
$
%
%
Share This Deal
Analyze Another Property
Paste any Zillow, Redfin, or Realtor listing to instantly see:
• Deal Score • Cash Flow • Cap Rate • Investment Risk