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11731 Rainy Bend Dr, Huntersville, NC 28078

3 beds • 3 baths • 2498 sqft

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This property looks like a bad Mid-Term investment with a projected -3.62% first-year return on $106k initial cash invested.

-3.62%

Cash On Cash

5.32%

Cap Rate

0.91

DSCR

$3,284

Rent

-$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,580

Closing costs

1%

$4,179

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$3,603

Mortgage P&I

62%

$2,042

Property Taxes

7%

$237

Home Insurance

5%

$149

HOA

2%

$59

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$99

Maintenance

4%

$131

Other

11%

$361

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