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$4,173 (target)

4004 Leyland Ct, Mint Hill, NC 28227

3 beds • 3 baths • 2099 sqft

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This property looks like a bad Mid-Term investment with a projected -5.13% first-year return on $131k initial cash invested.

-5.13%

Cash On Cash

5.14%

Cap Rate

0.85

DSCR

$4,173

Rent

-$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,173 income − $4,735 expenses = $562 out of pocket

Income$4,173Out of Pocket$562Mortgage P&I$2,71065%Property Taxes$2967%Insurance$1925%HOA$1183%Management$50112%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45911%

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,404

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,173

Total Expenses

$4,735

Mortgage P&I

65%

$2,710

Property Taxes

7%

$296

Home Insurance

5%

$192

HOA

3%

$118

Property Management

12%

$501

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$459

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