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$4,072 (target)

2261 Eva Ct, Lincolnton, NC 28092

3 beds • 3 baths • 2423 sqft

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This property looks like a bad Mid-Term investment with a projected -7.7% first-year return on $147k initial cash invested.

-7.7%

Cash On Cash

4.58%

Cap Rate

0.75

DSCR

$4,072

Rent

-$942

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,072 income − $5,014 expenses = $942 out of pocket

Income$4,072Out of Pocket$942Mortgage P&I$3,12177%Property Taxes$2867%Insurance$2225%Management$48912%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44811%

Investment Breakdown

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Purchase Price

$614k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,135

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,072

Total Expenses

$5,014

Mortgage P&I

77%

$3,121

Property Taxes

7%

$286

Home Insurance

5%

$222

HOA

0%

$0

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

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