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$2,572 (target)

2899 Icard Ridge Rd, Taylorsville, NC 28630

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Mid-Term investment with a projected -0.41% first-year return on $81,231 initial cash invested.

-0.41%

Cash On Cash

6.23%

Cap Rate

1.05

DSCR

$2,572

Rent

-$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,572 income − $2,600 expenses = $28 out of pocket

Income$2,572Out of Pocket$28Mortgage P&I$1,48958%Property Taxes$1295%Insurance$1074%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%

Investment Breakdown

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Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,231

Downpayment

20%

$60,220

Closing costs

1%

$3,011

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,572

Total Expenses

$2,600

Mortgage P&I

58%

$1,489

Property Taxes

5%

$129

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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