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$3,612 (target)

262 Red Tailed Hawk Road, Banner Elk, NC 28604

3 beds • 3 baths • 3267 sqft

$1,134,200

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This property looks like a bad Long-Term investment with a projected -18.36% first-year return on $238k initial cash invested.

-18.36%

Cash On Cash

2.31%

Cap Rate

0.39

DSCR

$3,612

Rent

-$3,644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,612 income − $7,256 expenses = $3,644 out of pocket

Income$3,612Out of Pocket$3,644Mortgage P&I$5,644156%Property Taxes$2527%Insurance$42012%Management$36110%CapEx$1815%Vacancy$2176%Maintenance$1815%

Investment Breakdown

|

Purchase Price

$1134k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$238k

Downpayment

20%

$227k

Closing costs

1%

$11,342

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,612

Total Expenses

$7,256

Mortgage P&I

156%

$5,644

Property Taxes

7%

$252

Home Insurance

12%

$420

HOA

0%

$0

Property Management

10%

$361

CapEx

5%

$181

Vacancy

6%

$217

Maintenance

5%

$181

Other

0%

$0

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