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$3,560 (target)

4190 Millstream Rd, Denver, NC 28037

3 beds • 2 baths • 1923 sqft

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This property looks like a bad Mid-Term investment with a projected -3.45% first-year return on $112k initial cash invested.

-3.45%

Cash On Cash

5.52%

Cap Rate

0.92

DSCR

$3,560

Rent

-$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,560 income − $3,883 expenses = $323 out of pocket

Income$3,560Out of Pocket$323Mortgage P&I$2,24663%Property Taxes$2166%Insurance$1594%HOA$521%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39211%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,860

Closing costs

1%

$4,493

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,560

Total Expenses

$3,883

Mortgage P&I

63%

$2,246

Property Taxes

6%

$216

Home Insurance

4%

$159

HOA

1%

$52

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$392

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