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$1,190 (target)

1705 Sand Hill Rd, Hope Mills, NC 28348

3 beds • 2 baths • 1101 sqft

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This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $43,596 initial cash invested.

-11.84%

Cash On Cash

4.39%

Cap Rate

0.67

DSCR

$1,190

Rent

-$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,190 income − $1,620 expenses = $430 out of pocket

Income$1,190Out of Pocket$430Mortgage P&I$1,12995%Property Taxes$1079%Insurance$746%Management$11910%CapEx$605%Vacancy$716%Maintenance$605%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,596

Downpayment

20%

$41,520

Closing costs

1%

$2,076

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,190

Total Expenses

$1,620

Mortgage P&I

95%

$1,129

Property Taxes

9%

$107

Home Insurance

6%

$74

HOA

0%

$0

Property Management

10%

$119

CapEx

5%

$60

Vacancy

6%

$71

Maintenance

5%

$60

Other

0%

$0

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