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2761 Hemlock Ct, Nebo, NC 28761

3 beds • 3 baths • 2158 sqft

$1,174,700

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This property looks like a bad Mid-Term investment with a projected -20.56% first-year return on $265k initial cash invested.

-20.56%

Cash On Cash

1.36%

Cap Rate

0.23

DSCR

$3,072

Rent

-$4,534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1175k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$265k

Downpayment

20%

$235k

Closing costs

1%

$11,747

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,072

Total Expenses

$7,606

Mortgage P&I

187%

$5,745

Property Taxes

12%

$383

Home Insurance

14%

$420

HOA

0%

$13

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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