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$4,028 (target)

2250 Mallard Cove Dr, Nebo, NC 28761

3 beds • 3 baths • 2632 sqft

$1,383,700

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This property looks like a bad Mid-Term investment with a projected -24.32% first-year return on $309k initial cash invested.

-24.32%

Cash On Cash

1.51%

Cap Rate

0.22

DSCR

$4,028

Rent

-$6,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,028 income − $10,281 expenses = $6,253 out of pocket

Income$4,028Out of Pocket$6,253Mortgage P&I$7,830194%Property Taxes$46812%Insurance$58114%HOA$331%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%

Investment Breakdown

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Purchase Price

$1384k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$309k

Downpayment

20%

$277k

Closing costs

1%

$13,837

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,028

Total Expenses

$10,281

Mortgage P&I

194%

$7,830

Property Taxes

12%

$468

Home Insurance

14%

$581

HOA

1%

$33

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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