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$3,711 (target)

3715 Foxboro Ln NE, Hickory, NC 28601

3 beds • 3 baths • 2434 sqft

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This property looks like a bad Mid-Term investment with a projected -10.04% first-year return on $135k initial cash invested.

-10.04%

Cash On Cash

4.42%

Cap Rate

0.68

DSCR

$3,711

Rent

-$1,132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,711 income − $4,843 expenses = $1,132 out of pocket

Income$3,711Out of Pocket$1,132Mortgage P&I$3,04382%Property Taxes$3048%Insurance$2286%HOA$8Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%

Investment Breakdown

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Purchase Price

$558k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,584

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,711

Total Expenses

$4,843

Mortgage P&I

82%

$3,043

Property Taxes

8%

$304

Home Insurance

6%

$228

HOA

0%

$8

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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