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$5,797 (target)

17728 Jetton Green Loop, Cornelius, NC 28031

3 beds • 4 baths • 3027 sqft

$1,400,000

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This property looks like a bad Long-Term investment with a projected -21.3% first-year return on $294k initial cash invested.

-21.3%

Cash On Cash

2.65%

Cap Rate

0.39

DSCR

$5,797

Rent

-$5,218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,797 income − $11,015 expenses = $5,218 out of pocket

Income$5,797Out of Pocket$5,218Mortgage P&I$8,024138%Property Taxes$79314%Insurance$4908%HOA$2003%Management$58010%CapEx$2905%Vacancy$3486%Maintenance$2905%

Investment Breakdown

|

Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$294k

Downpayment

20%

$280k

Closing costs

1%

$14,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,797

Total Expenses

$11,015

Mortgage P&I

138%

$8,024

Property Taxes

14%

$793

Home Insurance

8%

$490

HOA

3%

$200

Property Management

10%

$580

CapEx

5%

$290

Vacancy

6%

$348

Maintenance

5%

$290

Other

0%

$0

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