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$4,386 (target)

178 Key Farmstead Ln, Lincolnton, NC 28092

3 beds • 3 baths • 2735 sqft

$1,624,300

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This property looks like a bad Mid-Term investment with a projected -20.42% first-year return on $359k initial cash invested.

-20.42%

Cash On Cash

1.54%

Cap Rate

0.26

DSCR

$4,386

Rent

-$6,110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,386 income − $10,496 expenses = $6,110 out of pocket

Income$4,386Out of Pocket$6,110Mortgage P&I$8,017183%Property Taxes$3779%Insurance$61214%Management$52612%CapEx$1754%Vacancy$1323%Maintenance$1754%Other$48211%

Investment Breakdown

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Purchase Price

$1624k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$359k

Downpayment

20%

$325k

Closing costs

1%

$16,243

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,386

Total Expenses

$10,496

Mortgage P&I

183%

$8,017

Property Taxes

9%

$377

Home Insurance

14%

$612

HOA

0%

$0

Property Management

12%

$526

CapEx

4%

$175

Vacancy

3%

$132

Maintenance

4%

$175

Other

11%

$482

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