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$4,464 (target)

128 Wickford Ln, Mooresville, NC 28117

3 beds • 3 baths • 2164 sqft

$1,795,000

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This property looks like a bad Mid-Term investment with a projected -25.15% first-year return on $395k initial cash invested.

-25.15%

Cash On Cash

1.46%

Cap Rate

0.21

DSCR

$4,464

Rent

-$8,279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,464 income − $12,743 expenses = $8,279 out of pocket

Income$4,464Out of Pocket$8,279Mortgage P&I$10,288230%Property Taxes$3087%Insurance$62814%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49111%

Investment Breakdown

|

Purchase Price

$1795k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$395k

Downpayment

20%

$359k

Closing costs

1%

$17,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,464

Total Expenses

$12,743

Mortgage P&I

230%

$10,288

Property Taxes

7%

$308

Home Insurance

14%

$628

HOA

0%

$0

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$491

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