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$4,383 (target)

1390 Langdon Rd, Sherrills Ford, NC 28673

3 beds • 3 baths • 3200 sqft

$1,412,900

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This property looks like a bad Mid-Term investment with a projected -20% first-year return on $315k initial cash invested.

-20%

Cash On Cash

1.56%

Cap Rate

0.27

DSCR

$4,383

Rent

-$5,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,383 income − $9,629 expenses = $5,246 out of pocket

Income$4,383Out of Pocket$5,246Mortgage P&I$6,907158%Property Taxes$71016%Insurance$52312%Management$52612%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%

Investment Breakdown

|

Purchase Price

$1413k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$315k

Downpayment

20%

$283k

Closing costs

1%

$14,129

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,383

Total Expenses

$9,629

Mortgage P&I

158%

$6,907

Property Taxes

16%

$710

Home Insurance

12%

$523

HOA

0%

$0

Property Management

12%

$526

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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