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$4,533 (target)

165 Little Boulder Lane, Banner Elk, NC 28604

3 beds • 3 baths • 2077 sqft

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This property looks like a bad Mid-Term investment with a projected -12.11% first-year return on $206k initial cash invested.

-12.11%

Cash On Cash

3.31%

Cap Rate

0.57

DSCR

$4,533

Rent

-$2,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,533 income − $6,612 expenses = $2,079 out of pocket

Income$4,533Out of Pocket$2,079Mortgage P&I$4,36796%Property Taxes$3337%Insurance$3137%HOA$581%Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49911%

Investment Breakdown

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Purchase Price

$895k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,533

Total Expenses

$6,612

Mortgage P&I

96%

$4,367

Property Taxes

7%

$333

Home Insurance

7%

$313

HOA

1%

$58

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$499

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