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$6,140 (target)

105 Quail Ln, Mooresville, NC 28117

3 beds • 5 baths • 5515 sqft

$1,601,700

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This property looks like a bad Long-Term investment with a projected -16.35% first-year return on $336k initial cash invested.

-16.35%

Cash On Cash

2.7%

Cap Rate

0.46

DSCR

$6,140

Rent

-$4,582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,140 income − $10,722 expenses = $4,582 out of pocket

Income$6,140Out of Pocket$4,582Mortgage P&I$7,878128%Property Taxes$61810%Insurance$63010%Management$61410%CapEx$3075%Vacancy$3686%Maintenance$3075%

Investment Breakdown

|

Purchase Price

$1602k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$336k

Downpayment

20%

$320k

Closing costs

1%

$16,017

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,140

Total Expenses

$10,722

Mortgage P&I

128%

$7,878

Property Taxes

10%

$618

Home Insurance

10%

$630

HOA

0%

$0

Property Management

10%

$614

CapEx

5%

$307

Vacancy

6%

$368

Maintenance

5%

$307

Other

0%

$0

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