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$4,524 (target)

150 Slocumb Ln, Mooresville, NC 28117

3 beds • 2 baths • 2377 sqft

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This property looks like a bad Mid-Term investment with a projected -12.04% first-year return on $174k initial cash invested.

-12.04%

Cash On Cash

4.01%

Cap Rate

0.61

DSCR

$4,524

Rent

-$1,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,524 income − $6,270 expenses = $1,746 out of pocket

Income$4,524Out of Pocket$1,746Mortgage P&I$4,05190%Property Taxes$3017%Insurance$2666%HOA$1132%Management$54312%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49811%

Investment Breakdown

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Purchase Price

$743k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,432

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,524

Total Expenses

$6,270

Mortgage P&I

90%

$4,051

Property Taxes

7%

$301

Home Insurance

6%

$266

HOA

3%

$113

Property Management

12%

$543

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$498

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