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$3,238 (target)

2482 Waxhaw Indian Trail Rd S, Waxhaw, NC 28173

3 beds • 2 baths • 1631 sqft

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This property looks like a bad Mid-Term investment with a projected -9.83% first-year return on $143k initial cash invested.

-9.83%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$3,238

Rent

-$1,171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,238 income − $4,409 expenses = $1,171 out of pocket

Income$3,238Out of Pocket$1,171Mortgage P&I$2,91590%Property Taxes$1846%Insurance$2086%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35611%

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,238

Total Expenses

$4,409

Mortgage P&I

90%

$2,915

Property Taxes

6%

$184

Home Insurance

6%

$208

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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