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$1,719 (target)

1594 High Valley Way, Lenoir, NC 28645

3 beds • 2 baths • 1005 sqft

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This property looks like a bad Mid-Term investment with a projected -16.95% first-year return on $103k initial cash invested.

-16.95%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$1,719

Rent

-$1,457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,719 income − $3,176 expenses = $1,457 out of pocket

Income$1,719Out of Pocket$1,457Mortgage P&I$2,016117%Property Taxes$18211%Insurance$1408%HOA$25315%Management$20612%CapEx$694%Vacancy$523%Maintenance$694%Other$18911%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,100

Closing costs

1%

$4,055

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,719

Total Expenses

$3,176

Mortgage P&I

117%

$2,016

Property Taxes

11%

$182

Home Insurance

8%

$140

HOA

15%

$253

Property Management

12%

$206

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$189

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