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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 Mid-Term investment with a projected -4.49% first-year return on $105k initial cash invested.

-4.49%

Cash On Cash

5.11%

Cap Rate

0.87

DSCR

$3,322

Rent

-$393

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

$105k

Downpayment

20%

$82,880

Closing costs

1%

$4,144

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,322

Total Expenses

$3,715

Mortgage P&I

61%

$2,025

Property Taxes

12%

$412

Home Insurance

4%

$148

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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