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$5,832 (target)

12 Highlander Ln, Hendersonville, NC 28792

3 beds • 3 baths • 4771 sqft

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This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $139k initial cash invested.

3.82%

Cash On Cash

7.38%

Cap Rate

1.24

DSCR

$5,832

Rent

$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,832 income − $5,389 expenses = $443 cash flow

Income$5,832Mortgage P&I$2,87349%Property Taxes$2604%Insurance$2524%HOA$21Management$70012%CapEx$2334%Vacancy$1753%Maintenance$2334%Other$64211%Cash Flow$443

Investment Breakdown

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Purchase Price

$577k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,772

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,832

Total Expenses

$5,389

Mortgage P&I

49%

$2,873

Property Taxes

4%

$260

Home Insurance

4%

$252

HOA

0%

$21

Property Management

12%

$700

CapEx

4%

$233

Vacancy

3%

$175

Maintenance

4%

$233

Other

11%

$642

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