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210 Locust Ct, Indian Trail, NC 28079

3 beds • 2 baths • 1717 sqft

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This property looks like a bad Mid-Term investment with a projected -5.8% first-year return on $110k initial cash invested.

-5.8%

Cash On Cash

4.65%

Cap Rate

0.81

DSCR

$3,018

Rent

-$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,840

Closing costs

1%

$4,392

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,018

Total Expenses

$3,551

Mortgage P&I

70%

$2,114

Property Taxes

8%

$254

Home Insurance

5%

$156

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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