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$2,894 (target)

3204 E Lawyers Rd, Monroe, NC 28110

3 beds • 3 baths • 3545 sqft

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This property looks like a bad Long-Term investment with a projected -15.26% first-year return on $146k initial cash invested.

-15.26%

Cash On Cash

3%

Cap Rate

0.5

DSCR

$2,894

Rent

-$1,853

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,894 income − $4,747 expenses = $1,853 out of pocket

Income$2,894Out of Pocket$1,853Mortgage P&I$3,440119%Property Taxes$29210%Insurance$2629%Management$28910%CapEx$1455%Vacancy$1746%Maintenance$1455%

Investment Breakdown

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Purchase Price

$694k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$139k

Closing costs

1%

$6,938

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,894

Total Expenses

$4,747

Mortgage P&I

119%

$3,440

Property Taxes

10%

$292

Home Insurance

9%

$262

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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