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$2,634 (target)

1906 Stonewyck Ave #110, Kannapolis, NC 28081

3 beds • 2 baths • 1182 sqft

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This property looks like a bad Mid-Term investment with a projected -1.02% first-year return on $79,950 initial cash invested.

-1.02%

Cash On Cash

6.29%

Cap Rate

1.02

DSCR

$2,634

Rent

-$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $2,702 expenses = $68 out of pocket

Income$2,634Out of Pocket$68Mortgage P&I$1,50957%Property Taxes$1807%Insurance$1034%HOA$151%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,634

Total Expenses

$2,702

Mortgage P&I

57%

$1,509

Property Taxes

7%

$180

Home Insurance

4%

$103

HOA

1%

$15

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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