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$4,735 (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 Long-Term investment with a projected -20.56% first-year return on $287k initial cash invested.

-20.56%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$4,735

Rent

-$4,916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,735 income − $9,651 expenses = $4,916 out of pocket

Income$4,735Out of Pocket$4,916Mortgage P&I$6,801144%Property Taxes$3588%Insurance$1,26027%Management$47410%CapEx$2375%Vacancy$2846%Maintenance$2375%

Investment Breakdown

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Purchase Price

$1367k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$287k

Downpayment

20%

$273k

Closing costs

1%

$13,666

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,735

Total Expenses

$9,651

Mortgage P&I

144%

$6,801

Property Taxes

8%

$358

Home Insurance

27%

$1,260

HOA

0%

$0

Property Management

10%

$474

CapEx

5%

$237

Vacancy

6%

$284

Maintenance

5%

$237

Other

0%

$0

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