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$3,718 (target)

2097 Hermit Trl, Newton, NC 28658

3 beds • 4 baths • 2750 sqft

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This property looks like a bad Mid-Term investment with a projected -12.11% first-year return on $175k initial cash invested.

-12.11%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$3,718

Rent

-$1,769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,718 income − $5,487 expenses = $1,769 out of pocket

Income$3,718Out of Pocket$1,769Mortgage P&I$3,771101%Property Taxes$1895%Insurance$2627%Management$44612%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%

Investment Breakdown

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Purchase Price

$749k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,718

Total Expenses

$5,487

Mortgage P&I

101%

$3,771

Property Taxes

5%

$189

Home Insurance

7%

$262

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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