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131 Normandy Rd, Mooresville, NC 28117

3 beds • 4 baths • 2970 sqft

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This property looks like a bad Long-Term investment with a projected -15.43% first-year return on $186k initial cash invested.

-15.43%

Cash On Cash

2.77%

Cap Rate

0.48

DSCR

$3,456

Rent

-$2,390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$885k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$177k

Closing costs

1%

$8,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,456

Total Expenses

$5,846

Mortgage P&I

123%

$4,259

Property Taxes

8%

$283

Home Insurance

9%

$310

HOA

3%

$95

Property Management

10%

$346

CapEx

5%

$173

Vacancy

6%

$207

Maintenance

5%

$173

Other

0%

$0

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