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$2,972 (target)

157 Wylie Trl, Statesville, NC 28677

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Mid-Term investment with a projected -1.79% first-year return on $89,400 initial cash invested.

-1.79%

Cash On Cash

6.1%

Cap Rate

0.99

DSCR

$2,972

Rent

-$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,972 income − $3,105 expenses = $133 out of pocket

Income$2,972Out of Pocket$133Mortgage P&I$1,74359%Property Taxes$1535%Insurance$1254%HOA$732%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,972

Total Expenses

$3,105

Mortgage P&I

59%

$1,743

Property Taxes

5%

$153

Home Insurance

4%

$125

HOA

2%

$73

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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