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$2,740 (target)

345 W Lowrance Ave, Mooresville, NC 28115

3 beds • 2 baths • 1652 sqft

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This property looks like a bad Mid-Term investment with a projected -6.23% first-year return on $95,721 initial cash invested.

-6.23%

Cash On Cash

4.74%

Cap Rate

0.79

DSCR

$2,740

Rent

-$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,740 income − $3,237 expenses = $497 out of pocket

Income$2,740Out of Pocket$497Mortgage P&I$1,85068%Property Taxes$31011%Insurance$1455%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,721

Downpayment

20%

$74,020

Closing costs

1%

$3,701

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$3,237

Mortgage P&I

68%

$1,850

Property Taxes

11%

$310

Home Insurance

5%

$145

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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