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$2,988 (target)

149 Watson Street, Boone, NC 28607

3 beds • 2 baths • 1343 sqft

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This property looks like a bad Mid-Term investment with a projected -2.61% first-year return on $102k initial cash invested.

-2.61%

Cash On Cash

5.65%

Cap Rate

0.95

DSCR

$2,988

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,988 income − $3,209 expenses = $221 out of pocket

Income$2,988Out of Pocket$221Mortgage P&I$1,97866%Property Taxes$732%Insurance$1405%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,988

Total Expenses

$3,209

Mortgage P&I

66%

$1,978

Property Taxes

2%

$73

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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