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1212 Coddle Creek Hwy, Mooresville, NC 28115

4 beds • 3 baths • 2281 sqft

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This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $89,040 initial cash invested.

-9.1%

Cash On Cash

4.32%

Cap Rate

0.73

DSCR

$2,350

Rent

-$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,040

Downpayment

20%

$84,800

Closing costs

1%

$4,240

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,350

Total Expenses

$3,025

Mortgage P&I

89%

$2,085

Property Taxes

8%

$180

Home Insurance

6%

$148

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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