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$2,140 (target)

343 Wittenburg Springs Dr, Taylorsville, NC 28681

3 beds • 3 baths • 3664 sqft

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This property looks like a bad Long-Term investment with a projected -18.8% first-year return on $138k initial cash invested.

-18.8%

Cash On Cash

2.24%

Cap Rate

0.37

DSCR

$2,140

Rent

-$2,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,140 income − $4,295 expenses = $2,155 out of pocket

Income$2,140Out of Pocket$2,155Mortgage P&I$3,271153%Property Taxes$23211%Insurance$23611%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$655k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$131k

Closing costs

1%

$6,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$4,295

Mortgage P&I

153%

$3,271

Property Taxes

11%

$232

Home Insurance

11%

$236

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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