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$3,744 (target)

364 Pace Rd, Hendersonville, NC 28792

3 beds • 4 baths • 2017 sqft

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This property looks like a bad Mid-Term investment with a projected -4.9% first-year return on $124k initial cash invested.

-4.9%

Cash On Cash

5.35%

Cap Rate

0.86

DSCR

$3,744

Rent

-$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,744 income − $4,251 expenses = $507 out of pocket

Income$3,744Out of Pocket$507Mortgage P&I$2,61170%Property Taxes$1825%Insurance$1855%Management$44912%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%

Investment Breakdown

|

Purchase Price

$506k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,055

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,744

Total Expenses

$4,251

Mortgage P&I

70%

$2,611

Property Taxes

5%

$182

Home Insurance

5%

$185

HOA

0%

$0

Property Management

12%

$449

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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