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$3,088 (target)

304 Plaza Dr, Harrisburg, NC 28075

3 beds • 2 baths • 1387 sqft

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This property looks like a bad Mid-Term investment with a projected -2.81% first-year return on $95,679 initial cash invested.

-2.81%

Cash On Cash

5.83%

Cap Rate

0.95

DSCR

$3,088

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,088 income − $3,312 expenses = $224 out of pocket

Income$3,088Out of Pocket$224Mortgage P&I$1,89761%Property Taxes$2338%Insurance$1304%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,088

Total Expenses

$3,312

Mortgage P&I

61%

$1,897

Property Taxes

8%

$233

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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