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$3,075 (target)

1000 Barbee Farm Dr, Monroe, NC 28110

3 beds • 3 baths • 1981 sqft

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This property looks like a bad Mid-Term investment with a projected -2.31% first-year return on $92,340 initial cash invested.

-2.31%

Cash On Cash

5.9%

Cap Rate

0.97

DSCR

$3,075

Rent

-$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,075 income − $3,253 expenses = $178 out of pocket

Income$3,075Out of Pocket$178Mortgage P&I$1,79658%Property Taxes$2639%Insurance$1264%HOA$231%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,340

Downpayment

20%

$70,800

Closing costs

1%

$3,540

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,075

Total Expenses

$3,253

Mortgage P&I

58%

$1,796

Property Taxes

9%

$263

Home Insurance

4%

$126

HOA

1%

$23

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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