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$2,772 (target)

105 Ridge Top Rd, Mooresville, NC 28117

3 beds • 4 baths • 2287 sqft

$1,230,000

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This property looks like a bad Long-Term investment with a projected -23.71% first-year return on $258k initial cash invested.

-23.71%

Cash On Cash

1.05%

Cap Rate

0.18

DSCR

$2,772

Rent

-$5,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1230k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$258k

Downpayment

20%

$246k

Closing costs

1%

$12,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,772

Total Expenses

$7,875

Mortgage P&I

218%

$6,037

Property Taxes

25%

$687

Home Insurance

16%

$430

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$139

Vacancy

6%

$166

Maintenance

5%

$139

Other

0%

$0

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