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$1,730 (target)

1293 Hickory Nut Ln, Lincolnton, NC 28092

3 beds • 2 baths • 1551 sqft

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This property looks like a bad Long-Term investment with a projected -10.21% first-year return on $66,024 initial cash invested.

-10.21%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$1,730

Rent

-$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,730 income − $2,292 expenses = $562 out of pocket

Income$1,730Out of Pocket$562Mortgage P&I$1,57591%Property Taxes$1589%Insurance$1106%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,024

Downpayment

20%

$62,880

Closing costs

1%

$3,144

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,730

Total Expenses

$2,292

Mortgage P&I

91%

$1,575

Property Taxes

9%

$158

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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