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$2,895 (target)

134 Divot Ln, Statesville, NC 28677

3 beds • 2 baths • 1823 sqft

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This property looks like a bad Mid-Term investment with a projected -5.17% first-year return on $99,899 initial cash invested.

-5.17%

Cash On Cash

5.05%

Cap Rate

0.84

DSCR

$2,895

Rent

-$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,895 income − $3,325 expenses = $430 out of pocket

Income$2,895Out of Pocket$430Mortgage P&I$1,95467%Property Taxes$2188%Insurance$1365%HOA$331%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,899

Downpayment

20%

$77,999

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,895

Total Expenses

$3,325

Mortgage P&I

68%

$1,954

Property Taxes

8%

$218

Home Insurance

5%

$136

HOA

1%

$33

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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