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$2,595 (target)

1081 Redleaf Trl, Lincolnton, NC 28092

3 beds • 2 baths • 1574 sqft

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This property looks like a bad Mid-Term investment with a projected -1.64% first-year return on $79,992 initial cash invested.

-1.64%

Cash On Cash

6.37%

Cap Rate

1

DSCR

$2,595

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,595 income − $2,704 expenses = $109 out of pocket

Income$2,595Out of Pocket$109Mortgage P&I$1,57161%Property Taxes$1436%Insurance$1084%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,992

Downpayment

20%

$59,040

Closing costs

1%

$2,952

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,595

Total Expenses

$2,704

Mortgage P&I

61%

$1,571

Property Taxes

6%

$143

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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