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$2,059 (target)

304 Plaza Dr, Harrisburg, NC 28075

3 beds • 2 baths • 1387 sqft

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This property looks like a bad Long-Term investment with a projected -11.39% first-year return on $77,679 initial cash invested.

-11.39%

Cash On Cash

4.1%

Cap Rate

0.67

DSCR

$2,059

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,059 income − $2,796 expenses = $737 out of pocket

Income$2,059Out of Pocket$737Mortgage P&I$1,89792%Property Taxes$23311%Insurance$1306%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,059

Total Expenses

$2,796

Mortgage P&I

92%

$1,897

Property Taxes

11%

$233

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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