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$4,329 (target)

208 Glenroy Ct, Flat Rock, NC 28731

3 beds • 3 baths • 2479 sqft

$1,263,400

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This property looks like a bad Mid-Term investment with a projected -18.31% first-year return on $283k initial cash invested.

-18.31%

Cash On Cash

1.99%

Cap Rate

0.34

DSCR

$4,329

Rent

-$4,324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,329 income − $8,653 expenses = $4,324 out of pocket

Income$4,329Out of Pocket$4,324Mortgage P&I$6,244144%Property Taxes$3258%Insurance$46411%HOA$1493%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%

Investment Breakdown

|

Purchase Price

$1263k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$283k

Downpayment

20%

$253k

Closing costs

1%

$12,634

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,329

Total Expenses

$8,653

Mortgage P&I

144%

$6,244

Property Taxes

8%

$325

Home Insurance

11%

$464

HOA

3%

$149

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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