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$3,411 (target)

38 Bee Tree Ln, Mars Hill, NC 28754

3 beds • 3 baths • 2587 sqft

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This property looks like a bad Mid-Term investment with a projected -5.97% first-year return on $111k initial cash invested.

-5.97%

Cash On Cash

5.03%

Cap Rate

0.82

DSCR

$3,411

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,411 income − $3,964 expenses = $553 out of pocket

Income$3,411Out of Pocket$553Mortgage P&I$2,27867%Property Taxes$2106%Insurance$1555%HOA$1635%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,800

Closing costs

1%

$4,440

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,411

Total Expenses

$3,964

Mortgage P&I

67%

$2,278

Property Taxes

6%

$210

Home Insurance

5%

$155

HOA

5%

$163

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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