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$2,210 (target)

101 Amity Cir, Belmont, NC 28012

3 beds • 2 baths • 2162 sqft

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This property looks like a bad Long-Term investment with a projected -17.09% first-year return on $115k initial cash invested.

-17.09%

Cash On Cash

2.58%

Cap Rate

0.44

DSCR

$2,210

Rent

-$1,641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,210 income − $3,851 expenses = $1,641 out of pocket

Income$2,210Out of Pocket$1,641Mortgage P&I$2,712123%Property Taxes$36717%Insurance$1989%Management$22110%CapEx$1105%Vacancy$1336%Maintenance$1105%

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,486

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,210

Total Expenses

$3,851

Mortgage P&I

123%

$2,712

Property Taxes

17%

$367

Home Insurance

9%

$198

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$133

Maintenance

5%

$110

Other

0%

$0

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