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113 Old Willow Rd, Mooresville, NC 28115

3 beds • 2 baths • 1986 sqft

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This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $87,024 initial cash invested.

-13.06%

Cash On Cash

3.44%

Cap Rate

0.59

DSCR

$2,215

Rent

-$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,024

Downpayment

20%

$82,880

Closing costs

1%

$4,144

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,215

Total Expenses

$3,162

Mortgage P&I

91%

$2,025

Property Taxes

19%

$412

Home Insurance

7%

$148

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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