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$4,383 (target)

2205 Lincolnshire Ln, Waxhaw, NC 28173

3 beds • 4 baths • 2982 sqft

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This property looks like a bad Mid-Term investment with a projected -11.97% first-year return on $173k initial cash invested.

-11.97%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$4,383

Rent

-$1,727

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,383 income − $6,110 expenses = $1,727 out of pocket

Income$4,383Out of Pocket$1,727Mortgage P&I$3,76486%Property Taxes$2816%Insurance$2626%HOA$3147%Management$52612%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%

Investment Breakdown

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Purchase Price

$738k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,384

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,383

Total Expenses

$6,110

Mortgage P&I

86%

$3,764

Property Taxes

6%

$281

Home Insurance

6%

$262

HOA

7%

$314

Property Management

12%

$526

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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