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$2,124 (target)

1008 Hopedale Dr, Lenoir, NC 28645

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $65,775 initial cash invested.

0%

Cash On Cash

6.88%

Cap Rate

1.07

DSCR

$2,124

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,124 income − $2,124 expenses = $0 cash flow

Income$2,124Mortgage P&I$1,22057%Property Taxes$995%Insurance$824%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23411%

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,775

Downpayment

20%

$45,500

Closing costs

1%

$2,275

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,124

Total Expenses

$2,124

Mortgage P&I

57%

$1,220

Property Taxes

5%

$99

Home Insurance

4%

$82

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

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