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11690 Bain School Rd, Mint Hill, NC 28227

3 beds • 3 baths • 2744 sqft

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This property looks like a bad Long-Term investment with a projected -23.78% first-year return on $200k initial cash invested.

-23.78%

Cash On Cash

0.91%

Cap Rate

0.16

DSCR

$2,013

Rent

-$3,953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$200k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,013

Total Expenses

$5,966

Mortgage P&I

227%

$4,572

Property Taxes

27%

$538

Home Insurance

16%

$332

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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