Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $129k initial cash invested.
-15.61%
Cash On Cash
2.82%
Cap Rate
0.48
DSCR
$2,840
Rent
-$1,675
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$613k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,131
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,840
Total Expenses
$4,515
Mortgage P&I
105%
$2,974
Property Taxes
16%
$448
Home Insurance
8%
$219
HOA
5%
$136
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
104 Winterberry St, Mooresville, NC 28117 | $2,995 | 4 | 3.5 | 2998 | 2 mi |
155 Slocumb Ln, Mooresville, NC 28117 | $3,400 | 4 | 3.5 | 2943 | 2.2 mi |
805 Naples Dr, Davidson, NC 28036 | $4,400 | 4 | 4.5 | 2900 | 2.3 mi |
805 Naples Dr, Unit 1, Davidson, NC 28036 | $4,600 | 4 | 4.5 | 2858 | 2.3 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality