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145 21st Ave NW, Hickory, NC 28601

3 beds • 2 baths • 2396 sqft

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This property looks like a bad Long-Term investment with a projected -11.27% first-year return on $74,340 initial cash invested.

-11.27%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$1,886

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,340

Downpayment

20%

$70,800

Closing costs

1%

$3,540

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,886

Total Expenses

$2,584

Mortgage P&I

93%

$1,748

Property Taxes

12%

$220

Home Insurance

7%

$126

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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