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137 Coddle Way, Mooresville, NC 28115

3 beds • 3 baths • 2388 sqft

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This property looks like a bad Long-Term investment with a projected -15.6% first-year return on $97,314 initial cash invested.

-15.6%

Cash On Cash

2.81%

Cap Rate

0.49

DSCR

$2,428

Rent

-$1,265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,314

Downpayment

20%

$92,680

Closing costs

1%

$4,634

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,428

Total Expenses

$3,693

Mortgage P&I

92%

$2,230

Property Taxes

19%

$461

Home Insurance

7%

$166

HOA

8%

$205

Property Management

10%

$243

CapEx

5%

$121

Vacancy

6%

$146

Maintenance

5%

$121

Other

0%

$0

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