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$3,080 (target)

3805 Cassidy Dr, Waxhaw, NC 28173

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Mid-Term investment with a projected -1.62% first-year return on $94,671 initial cash invested.

-1.62%

Cash On Cash

5.92%

Cap Rate

1

DSCR

$3,080

Rent

-$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $3,208 expenses = $128 out of pocket

Income$3,080Out of Pocket$128Mortgage P&I$1,80759%Property Taxes$2247%Insurance$1304%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,671

Downpayment

20%

$73,020

Closing costs

1%

$3,651

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,080

Total Expenses

$3,208

Mortgage P&I

59%

$1,807

Property Taxes

7%

$224

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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