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$3,952 (target)

278 Almora Loop, Mooresville, NC 28115

3 beds • 4 baths • 2575 sqft

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This property looks like a bad Mid-Term investment with a projected -3.51% first-year return on $115k initial cash invested.

-3.51%

Cash On Cash

5.53%

Cap Rate

0.92

DSCR

$3,952

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,952 income − $4,289 expenses = $337 out of pocket

Income$3,952Out of Pocket$337Mortgage P&I$2,31058%Property Taxes$43611%Insurance$1574%HOA$421%Management$47412%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%

Investment Breakdown

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Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,440

Closing costs

1%

$4,622

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,952

Total Expenses

$4,289

Mortgage P&I

58%

$2,310

Property Taxes

11%

$436

Home Insurance

4%

$157

HOA

1%

$42

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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