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335 Village Blvd, Lake Lure, NC 28746

3 beds • 3 baths • 2439 sqft

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This property looks like a bad Mid-Term investment with a projected -4.38% first-year return on $133k initial cash invested.

-4.38%

Cash On Cash

5.17%

Cap Rate

0.88

DSCR

$4,450

Rent

-$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,472

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,450

Total Expenses

$4,935

Mortgage P&I

60%

$2,664

Property Taxes

8%

$366

Home Insurance

5%

$236

HOA

3%

$155

Property Management

12%

$534

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$490

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