Charlotte, NC BRRRR Calculator
Calculate the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal for any rental property in Charlotte. Based on current Charlotte market data.
Charlotte Market Snapshot
$370,000
$1,550/mo
5.5%
1%
$12,477
0.59
Based on median price, 25% down, 6.5% rate, 30-year term.
Run Your Charlotte Numbers
Plug in any Charlotte property to get BRRRR, NOI, cash flow, and more.
How BRRRR Works in Charlotte
The Charlotte rental market has a median home price of $370,000 and median rent of $1,550/month, which puts the average BRRRR (Buy, Rehab, Rent, Refinance, Repeat) deal at roughly 5.5% for a typical single-family rental. That means for every dollar of property value, you can expect about 5.5 cents in annual net income before debt service.
With a 25% down payment ($92,500) and a 6.5% mortgage rate, a median Charlotte rental generates roughly $12,477/yr in NOI against $21,048/yr in debt service, giving you a DSCR of 0.59. That's below breakeven at median price — look for deals 15-20% below median or properties with above-average rents.