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119 Langdon Rd, Mooresville, NC 28117

3 beds • 3 baths • 3198 sqft

$1,070,000

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This property looks like a bad Long-Term investment with a projected -22.79% first-year return on $225k initial cash invested.

-22.79%

Cash On Cash

1.28%

Cap Rate

0.22

DSCR

$2,620

Rent

-$4,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1070k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$225k

Downpayment

20%

$214k

Closing costs

1%

$10,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,620

Total Expenses

$6,888

Mortgage P&I

202%

$5,281

Property Taxes

21%

$541

Home Insurance

15%

$385

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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