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2104 Badin Rd, Albemarle, NC 28001

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $60,228 initial cash invested.

-9.58%

Cash On Cash

4.2%

Cap Rate

0.72

DSCR

$1,663

Rent

-$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,228

Downpayment

20%

$57,360

Closing costs

1%

$2,868

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,663

Total Expenses

$2,144

Mortgage P&I

84%

$1,402

Property Taxes

11%

$189

Home Insurance

7%

$121

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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