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$4,446 (target)

12920 Telfair Meadow Dr, Mint Hill, NC 28227

3 beds • 2 baths • 2449 sqft

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This property looks like a bad Mid-Term investment with a projected -13.96% first-year return on $215k initial cash invested.

-13.96%

Cash On Cash

3.02%

Cap Rate

0.5

DSCR

$4,446

Rent

-$2,503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,446 income − $6,949 expenses = $2,503 out of pocket

Income$4,446Out of Pocket$2,503Mortgage P&I$4,690105%Property Taxes$3628%Insurance$3438%HOA$421%Management$53412%CapEx$1784%Vacancy$1333%Maintenance$1784%Other$48911%

Investment Breakdown

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Purchase Price

$939k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$215k

Downpayment

20%

$188k

Closing costs

1%

$9,391

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,446

Total Expenses

$6,949

Mortgage P&I

105%

$4,690

Property Taxes

8%

$362

Home Insurance

8%

$343

HOA

1%

$42

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$133

Maintenance

4%

$178

Other

11%

$489

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