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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 Mid-Term investment with a projected -19.03% first-year return on $218k initial cash invested.

-19.03%

Cash On Cash

1.57%

Cap Rate

0.27

DSCR

$3,020

Rent

-$3,449

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

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,020

Total Expenses

$6,469

Mortgage P&I

151%

$4,572

Property Taxes

18%

$538

Home Insurance

11%

$332

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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