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$2,818 (target)

2266 9th Avenue Dr NE, Hickory, NC 28601

3 beds • 3 baths • 1687 sqft

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This property looks like a bad Mid-Term investment with a projected -0.65% first-year return on $86,229 initial cash invested.

-0.65%

Cash On Cash

6.35%

Cap Rate

1.04

DSCR

$2,818

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,818 income − $2,865 expenses = $47 out of pocket

Income$2,818Out of Pocket$47Mortgage P&I$1,65459%Property Taxes$1385%Insurance$1144%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,818

Total Expenses

$2,865

Mortgage P&I

59%

$1,654

Property Taxes

5%

$138

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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