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$2,595 (target)

1293 Hickory Nut Ln, Lincolnton, NC 28092

3 beds • 2 baths • 1551 sqft

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This property looks like a bad Mid-Term investment with a projected -1.86% first-year return on $84,024 initial cash invested.

-1.86%

Cash On Cash

5.91%

Cap Rate

0.98

DSCR

$2,595

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,595 income − $2,725 expenses = $130 out of pocket

Income$2,595Out of Pocket$130Mortgage P&I$1,57561%Property Taxes$1586%Insurance$1104%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,024

Downpayment

20%

$62,880

Closing costs

1%

$3,144

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,595

Total Expenses

$2,725

Mortgage P&I

61%

$1,575

Property Taxes

6%

$158

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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