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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 Mid-Term investment with a projected -10.66% first-year return on $117k initial cash invested.

-10.66%

Cash On Cash

3.51%

Cap Rate

0.59

DSCR

$2,452

Rent

-$1,038

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

$117k

Downpayment

20%

$94,100

Closing costs

1%

$4,705

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,452

Total Expenses

$3,490

Mortgage P&I

94%

$2,315

Property Taxes

7%

$176

Home Insurance

7%

$165

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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