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$2,750 (target)

316 Allen Way, Indian Trail, NC 28079

3 beds • 2 baths • 1014 sqft

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This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $78,732 initial cash invested.

1.25%

Cash On Cash

6.82%

Cap Rate

1.13

DSCR

$2,750

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $2,668 expenses = $82 cash flow

Income$2,750Mortgage P&I$1,45253%Property Taxes$1636%Insurance$1194%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$82

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,732

Downpayment

20%

$57,840

Closing costs

1%

$2,892

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,668

Mortgage P&I

53%

$1,452

Property Taxes

6%

$163

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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