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$3,046 (target)

18 Tarragon Pl, Flat Rock, NC 28731

3 beds • 3 baths • 1675 sqft

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This property looks like a bad Mid-Term investment with a projected -4.48% first-year return on $108k initial cash invested.

-4.48%

Cash On Cash

5.06%

Cap Rate

0.87

DSCR

$3,046

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $3,448 expenses = $402 out of pocket

Income$3,046Out of Pocket$402Mortgage P&I$2,08468%Property Taxes$1465%Insurance$1525%HOA$301%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%

Investment Breakdown

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Purchase Price

$428k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,520

Closing costs

1%

$4,276

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$3,448

Mortgage P&I

68%

$2,084

Property Taxes

5%

$146

Home Insurance

5%

$152

HOA

1%

$30

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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