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170 Mountain Farm Rd, Burnsville, NC 28714

3 beds • 2 baths • 1762 sqft

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This property looks like a bad Mid-Term investment with a projected -2.22% first-year return on $102k initial cash invested.

-2.22%

Cash On Cash

5.58%

Cap Rate

0.97

DSCR

$3,075

Rent

-$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,075

Total Expenses

$3,263

Mortgage P&I

62%

$1,920

Property Taxes

4%

$137

Home Insurance

5%

$140

HOA

1%

$21

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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