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$2,997 (target)

280 Hidden Lake Pkwy, Nebo, NC 28761

3 beds • 4 baths • 1996 sqft

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This property looks like a bad Mid-Term investment with a projected -14.69% first-year return on $160k initial cash invested.

-14.69%

Cash On Cash

2.68%

Cap Rate

0.45

DSCR

$2,997

Rent

-$1,964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,997 income − $4,961 expenses = $1,964 out of pocket

Income$2,997Out of Pocket$1,964Mortgage P&I$3,359112%Property Taxes$32311%Insurance$2017%HOA$582%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$678k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$136k

Closing costs

1%

$6,782

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,997

Total Expenses

$4,961

Mortgage P&I

112%

$3,359

Property Taxes

11%

$323

Home Insurance

7%

$201

HOA

2%

$58

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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