REI Lense

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$3,212 (target)

12735 Cross Dale Dr, Huntersville, NC 28078

3 beds • 3 baths • 1700 sqft

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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $105k initial cash invested.

-3.68%

Cash On Cash

5.44%

Cap Rate

0.91

DSCR

$3,212

Rent

-$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,212 income − $3,533 expenses = $321 out of pocket

Income$3,212Out of Pocket$321Mortgage P&I$2,06364%Property Taxes$2056%Insurance$1475%HOA$281%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,440

Closing costs

1%

$4,122

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,212

Total Expenses

$3,533

Mortgage P&I

64%

$2,063

Property Taxes

6%

$205

Home Insurance

5%

$147

HOA

1%

$28

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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