REI Lense

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$2,159 (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 Long-Term investment with a projected -16.42% first-year return on $125k initial cash invested.

-16.42%

Cash On Cash

2.65%

Cap Rate

0.45

DSCR

$2,159

Rent

-$1,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,159 income − $3,869 expenses = $1,710 out of pocket

Income$2,159Out of Pocket$1,710Mortgage P&I$2,915135%Property Taxes$1849%Insurance$20810%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,159

Total Expenses

$3,869

Mortgage P&I

135%

$2,915

Property Taxes

9%

$184

Home Insurance

10%

$208

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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