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$3,579 (target)

418 Heatherstone Dr, Franklin, NC 28734

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -5.92% first-year return on $126k initial cash invested.

-5.92%

Cash On Cash

4.83%

Cap Rate

0.81

DSCR

$3,579

Rent

-$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,579 income − $4,202 expenses = $623 out of pocket

Income$3,579Out of Pocket$623Mortgage P&I$2,55871%Property Taxes$2377%Insurance$1915%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$516k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,160

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,579

Total Expenses

$4,202

Mortgage P&I

71%

$2,558

Property Taxes

7%

$237

Home Insurance

5%

$191

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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