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$2,864 (target)

1688 Buffett Cir, Hickory, NC 28602

3 beds • 3 baths • 2564 sqft

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This property looks like a bad Mid-Term investment with a projected -6.36% first-year return on $104k initial cash invested.

-6.36%

Cash On Cash

5.11%

Cap Rate

0.8

DSCR

$2,864

Rent

-$549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,864 income − $3,413 expenses = $549 out of pocket

Income$2,864Out of Pocket$549Mortgage P&I$2,16876%Property Taxes$1254%Insurance$1455%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,480

Closing costs

1%

$4,074

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,864

Total Expenses

$3,413

Mortgage P&I

76%

$2,168

Property Taxes

4%

$125

Home Insurance

5%

$145

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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