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$7,102 (target)

1418 Landis Ln, Nebo, NC 28761

3 beds • 3 baths • 4144 sqft

$1,366,600

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This property looks like a bad Mid-Term investment with a projected -14.68% first-year return on $305k initial cash invested.

-14.68%

Cash On Cash

2.95%

Cap Rate

0.49

DSCR

$7,102

Rent

-$3,731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,102 income − $10,833 expenses = $3,731 out of pocket

Income$7,102Out of Pocket$3,731Mortgage P&I$6,80196%Property Taxes$3585%Insurance$1,26018%Management$85212%CapEx$2844%Vacancy$2133%Maintenance$2844%Other$78111%

Investment Breakdown

|

Purchase Price

$1367k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$305k

Downpayment

20%

$273k

Closing costs

1%

$13,666

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,102

Total Expenses

$10,833

Mortgage P&I

96%

$6,801

Property Taxes

5%

$358

Home Insurance

18%

$1,260

HOA

0%

$0

Property Management

12%

$852

CapEx

4%

$284

Vacancy

3%

$213

Maintenance

4%

$284

Other

11%

$781

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