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284 Blossom Hill Rd, Lincolnton, NC 28092

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -17.57% first-year return on $98,805 initial cash invested.

-17.57%

Cash On Cash

2.42%

Cap Rate

0.41

DSCR

$1,635

Rent

-$1,447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$471k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,805

Downpayment

20%

$94,100

Closing costs

1%

$4,705

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,635

Total Expenses

$3,082

Mortgage P&I

142%

$2,315

Property Taxes

11%

$176

Home Insurance

10%

$165

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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