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$2,190 (target)

235 Kendra Dr, Mooresville, NC 28117

3 beds • 2 baths • 1685 sqft

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This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $85,491 initial cash invested.

-9.87%

Cash On Cash

4.19%

Cap Rate

0.71

DSCR

$2,190

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,190 income − $2,893 expenses = $703 out of pocket

Income$2,190Out of Pocket$703Mortgage P&I$2,01392%Property Taxes$1647%Insurance$1467%Management$21910%CapEx$1105%Vacancy$1316%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,491

Downpayment

20%

$81,420

Closing costs

1%

$4,071

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,190

Total Expenses

$2,893

Mortgage P&I

92%

$2,013

Property Taxes

7%

$164

Home Insurance

7%

$146

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$131

Maintenance

5%

$110

Other

0%

$0

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