Charlotte, NC Cash on Cash Return Calculator
Calculate the cash-on-cash return 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 Cash on Cash, NOI, cash flow, and more.
How Cash on Cash 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 cash-on-cash return 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.