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$2,119 (target)

3931 Reid Cir, Sherrills Ford, NC 28673

3 beds • 3 baths • 1861 sqft

$1,274,000

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This property looks like a bad Long-Term investment with a projected -25.04% first-year return on $268k initial cash invested.

-25.04%

Cash On Cash

0.81%

Cap Rate

0.14

DSCR

$2,119

Rent

-$5,583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,119 income − $7,702 expenses = $5,583 out of pocket

Income$2,119Out of Pocket$5,583Mortgage P&I$6,339299%Property Taxes$34016%Insurance$47222%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$1274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$268k

Downpayment

20%

$255k

Closing costs

1%

$12,740

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,119

Total Expenses

$7,702

Mortgage P&I

299%

$6,339

Property Taxes

16%

$340

Home Insurance

22%

$472

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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