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410 Apex Cir, Shelby, NC 28152

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $60,249 initial cash invested.

-7.67%

Cash On Cash

4.64%

Cap Rate

0.79

DSCR

$1,813

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,813

Total Expenses

$2,198

Mortgage P&I

77%

$1,403

Property Taxes

12%

$222

Home Insurance

6%

$101

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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