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125 Melrose Ln, Mooresville, NC 28117

3 beds • 4 baths • 3815 sqft

$1,220,600

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This property looks like a bad Mid-Term investment with a projected -17.97% first-year return on $274k initial cash invested.

-17.97%

Cash On Cash

2.05%

Cap Rate

0.35

DSCR

$4,410

Rent

-$4,107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1221k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$274k

Downpayment

20%

$244k

Closing costs

1%

$12,206

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,410

Total Expenses

$8,517

Mortgage P&I

136%

$6,012

Property Taxes

11%

$482

Home Insurance

12%

$525

HOA

0%

$0

Property Management

12%

$529

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$485

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