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$2,964 (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 Long-Term investment with a projected -19.73% first-year return on $197k initial cash invested.

-19.73%

Cash On Cash

2.04%

Cap Rate

0.34

DSCR

$2,964

Rent

-$3,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,964 income − $6,207 expenses = $3,243 out of pocket

Income$2,964Out of Pocket$3,243Mortgage P&I$4,690158%Property Taxes$36212%Insurance$34312%HOA$421%Management$29610%CapEx$1485%Vacancy$1786%Maintenance$1485%

Investment Breakdown

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Purchase Price

$939k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$188k

Closing costs

1%

$9,391

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,964

Total Expenses

$6,207

Mortgage P&I

158%

$4,690

Property Taxes

12%

$362

Home Insurance

12%

$343

HOA

1%

$42

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

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