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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 Long-Term investment with a projected -12.79% first-year return on $115k initial cash invested.

-12.79%

Cash On Cash

3.48%

Cap Rate

0.6

DSCR

$2,967

Rent

-$1,225

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

$115k

Downpayment

20%

$109k

Closing costs

1%

$5,472

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,967

Total Expenses

$4,192

Mortgage P&I

90%

$2,664

Property Taxes

12%

$366

Home Insurance

8%

$236

HOA

5%

$155

Property Management

10%

$297

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

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