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$1,992 (target)

149 Watson Street, Boone, NC 28607

3 beds • 2 baths • 1343 sqft

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This property looks like a bad Long-Term investment with a projected -10.28% first-year return on $83,790 initial cash invested.

-10.28%

Cash On Cash

4.09%

Cap Rate

0.69

DSCR

$1,992

Rent

-$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,992 income − $2,710 expenses = $718 out of pocket

Income$1,992Out of Pocket$718Mortgage P&I$1,97899%Property Taxes$734%Insurance$1407%Management$19910%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,790

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,992

Total Expenses

$2,710

Mortgage P&I

99%

$1,978

Property Taxes

4%

$73

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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