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$4,332 (target)

27 Walnut Dr, Mills River, NC 28759

3 beds • 4 baths • 2124 sqft

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This property looks like a bad Mid-Term investment with a projected -5.34% first-year return on $148k initial cash invested.

-5.34%

Cash On Cash

5.1%

Cap Rate

0.84

DSCR

$4,332

Rent

-$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,332 income − $4,989 expenses = $657 out of pocket

Income$4,332Out of Pocket$657Mortgage P&I$3,11172%Property Taxes$1814%Insurance$2245%Management$52012%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47711%

Investment Breakdown

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Purchase Price

$618k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,179

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,332

Total Expenses

$4,989

Mortgage P&I

72%

$3,111

Property Taxes

4%

$181

Home Insurance

5%

$224

HOA

0%

$0

Property Management

12%

$520

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$477

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