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$7,662 (target)

163 Forbes Way, Blowing Rock, NC 28605

3 beds • 4 baths • 2512 sqft

$1,316,500

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This property looks like a bad Mid-Term investment with a projected -10.11% first-year return on $294k initial cash invested.

-10.11%

Cash On Cash

4.06%

Cap Rate

0.67

DSCR

$7,662

Rent

-$2,482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,662 income − $10,144 expenses = $2,482 out of pocket

Income$7,662Out of Pocket$2,482Mortgage P&I$6,62686%Property Taxes$4246%Insurance$4906%Management$91912%CapEx$3064%Vacancy$2303%Maintenance$3064%Other$84311%

Investment Breakdown

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Purchase Price

$1317k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$294k

Downpayment

20%

$263k

Closing costs

1%

$13,165

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,662

Total Expenses

$10,144

Mortgage P&I

86%

$6,626

Property Taxes

6%

$424

Home Insurance

6%

$490

HOA

0%

$0

Property Management

12%

$919

CapEx

4%

$306

Vacancy

3%

$230

Maintenance

4%

$306

Other

11%

$843

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