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$2,830 (target)

2260 Shumard Cir, Indian Trail, NC 28079

3 beds • 2 baths • 1289 sqft

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This property looks like a bad Mid-Term investment with a projected -4.19% first-year return on $95,112 initial cash invested.

-4.19%

Cash On Cash

5.29%

Cap Rate

0.88

DSCR

$2,830

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,830 income − $3,162 expenses = $332 out of pocket

Income$2,830Out of Pocket$332Mortgage P&I$1,83965%Property Taxes$1847%Insurance$1315%HOA$462%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,112

Downpayment

20%

$73,440

Closing costs

1%

$3,672

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,830

Total Expenses

$3,162

Mortgage P&I

65%

$1,839

Property Taxes

7%

$184

Home Insurance

5%

$131

HOA

2%

$46

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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