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3206 Revere Rd, Monroe, NC 28110

3 beds • 3 baths • 1416 sqft

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This property looks like a bad Mid-Term investment with a projected -3.62% first-year return on $92,466 initial cash invested.

-3.62%

Cash On Cash

5.2%

Cap Rate

0.9

DSCR

$2,721

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,466

Downpayment

20%

$70,920

Closing costs

1%

$3,546

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,721

Total Expenses

$3,000

Mortgage P&I

63%

$1,707

Property Taxes

8%

$225

Home Insurance

5%

$126

HOA

1%

$16

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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