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$3,304 (target)

3501 Parkwood School Rd, Monroe, NC 28112

3 beds • 2 baths • 2502 sqft

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This property looks like a bad Mid-Term investment with a projected -6.67% first-year return on $122k initial cash invested.

-6.67%

Cash On Cash

4.7%

Cap Rate

0.78

DSCR

$3,304

Rent

-$676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,304 income − $3,980 expenses = $676 out of pocket

Income$3,304Out of Pocket$676Mortgage P&I$2,47875%Property Taxes$2006%Insurance$1805%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

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Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,720

Closing costs

1%

$4,936

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,304

Total Expenses

$3,980

Mortgage P&I

75%

$2,478

Property Taxes

6%

$200

Home Insurance

5%

$180

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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