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$5,418 (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 Mid-Term investment with a projected -12.84% first-year return on $256k initial cash invested.

-12.84%

Cash On Cash

3.3%

Cap Rate

0.55

DSCR

$5,418

Rent

-$2,741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,418 income − $8,159 expenses = $2,741 out of pocket

Income$5,418Out of Pocket$2,741Mortgage P&I$5,644104%Property Taxes$2525%Insurance$4208%Management$65012%CapEx$2174%Vacancy$1633%Maintenance$2174%Other$59611%

Investment Breakdown

|

Purchase Price

$1134k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$256k

Downpayment

20%

$227k

Closing costs

1%

$11,342

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,418

Total Expenses

$8,159

Mortgage P&I

104%

$5,644

Property Taxes

5%

$252

Home Insurance

8%

$420

HOA

0%

$0

Property Management

12%

$650

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$596

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