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$1,715 (target)

2899 Icard Ridge Rd, Taylorsville, NC 28630

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -8.67% first-year return on $63,231 initial cash invested.

-8.67%

Cash On Cash

4.46%

Cap Rate

0.75

DSCR

$1,715

Rent

-$457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,715 income − $2,172 expenses = $457 out of pocket

Income$1,715Out of Pocket$457Mortgage P&I$1,48987%Property Taxes$1298%Insurance$1076%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,231

Downpayment

20%

$60,220

Closing costs

1%

$3,011

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,715

Total Expenses

$2,172

Mortgage P&I

87%

$1,489

Property Taxes

8%

$129

Home Insurance

6%

$107

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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