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$3,206 (target)

3426 Rilla Hamilton Rd, Monroe, NC 28110

3 beds • 3 baths • 1982 sqft

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This property looks like a bad Mid-Term investment with a projected -8.17% first-year return on $129k initial cash invested.

-8.17%

Cash On Cash

4.3%

Cap Rate

0.72

DSCR

$3,206

Rent

-$877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,206 income − $4,083 expenses = $877 out of pocket

Income$3,206Out of Pocket$877Mortgage P&I$2,64182%Property Taxes$1635%Insurance$1896%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,276

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,206

Total Expenses

$4,083

Mortgage P&I

82%

$2,641

Property Taxes

5%

$163

Home Insurance

6%

$189

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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