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$3,056 (target)

1709 Lawyers Rd W, Indian Trail, NC 28079

3 beds • 2 baths • 1482 sqft

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This property looks like a bad Mid-Term investment with a projected -6.3% first-year return on $111k initial cash invested.

-6.3%

Cash On Cash

4.91%

Cap Rate

0.8

DSCR

$3,056

Rent

-$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,056 income − $3,641 expenses = $585 out of pocket

Income$3,056Out of Pocket$585Mortgage P&I$2,28275%Property Taxes$1645%Insurance$1565%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,056

Total Expenses

$3,641

Mortgage P&I

75%

$2,282

Property Taxes

5%

$164

Home Insurance

5%

$156

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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