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$3,316 (target)

1003 Pete McCoy Rd, Franklin, NC 28734

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $105k initial cash invested.

-1.69%

Cash On Cash

5.98%

Cap Rate

0.99

DSCR

$3,316

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $3,463 expenses = $147 out of pocket

Income$3,316Out of Pocket$147Mortgage P&I$2,06962%Property Taxes$1123%Insurance$1545%Management$39812%CapEx$1334%Vacancy$993%Maintenance$1334%Other$36511%

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,500

Closing costs

1%

$4,125

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$3,463

Mortgage P&I

62%

$2,069

Property Taxes

3%

$112

Home Insurance

5%

$154

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$99

Maintenance

4%

$133

Other

11%

$365

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