REI Lense

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$3,224 (target)

16904 Taft Ct, Huntersville, NC 28078

3 beds • 2 baths • 1699 sqft

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This property looks like a bad Mid-Term investment with a projected -5.81% first-year return on $110k initial cash invested.

-5.81%

Cash On Cash

4.88%

Cap Rate

0.82

DSCR

$3,224

Rent

-$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,224 income − $3,758 expenses = $534 out of pocket

Income$3,224Out of Pocket$534Mortgage P&I$2,19468%Property Taxes$2438%Insurance$1585%HOA$662%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,920

Closing costs

1%

$4,396

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,224

Total Expenses

$3,758

Mortgage P&I

68%

$2,194

Property Taxes

8%

$243

Home Insurance

5%

$158

HOA

2%

$66

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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