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$6,708 (target)

110 Soaring Mountain Dr, Waynesville, NC 28786

3 beds • 4 baths • 3700 sqft

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This property looks like a bad Mid-Term investment with a projected -6.42% first-year return on $216k initial cash invested.

-6.42%

Cash On Cash

4.78%

Cap Rate

0.81

DSCR

$6,708

Rent

-$1,157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,708 income − $7,865 expenses = $1,157 out of pocket

Income$6,708Out of Pocket$1,157Mortgage P&I$4,64469%Property Taxes$3976%Insurance$4537%HOA$911%Management$80512%CapEx$2684%Vacancy$2013%Maintenance$2684%Other$73811%

Investment Breakdown

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Purchase Price

$943k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$189k

Closing costs

1%

$9,434

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,708

Total Expenses

$7,865

Mortgage P&I

69%

$4,644

Property Taxes

6%

$397

Home Insurance

7%

$453

HOA

1%

$91

Property Management

12%

$805

CapEx

4%

$268

Vacancy

3%

$201

Maintenance

4%

$268

Other

11%

$738

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