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$2,103 (target)

3071 Beech Ct, Indian Trail, NC 28079

3 beds • 3 baths • 1794 sqft

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This property looks like a bad Long-Term investment with a projected -12.46% first-year return on $84,336 initial cash invested.

-12.46%

Cash On Cash

3.84%

Cap Rate

0.62

DSCR

$2,103

Rent

-$876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,103 income − $2,979 expenses = $876 out of pocket

Income$2,103Out of Pocket$876Mortgage P&I$2,05598%Property Taxes$23411%Insurance$1447%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$402k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,336

Downpayment

20%

$80,320

Closing costs

1%

$4,016

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,103

Total Expenses

$2,979

Mortgage P&I

98%

$2,055

Property Taxes

11%

$234

Home Insurance

7%

$144

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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