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$2,576 (target)

425 Dockside Dr, Nebo, NC 28761

3 beds • 4 baths • 3160 sqft

$2,247,400

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This property looks like a bad Mid-Term investment with a projected -27% first-year return on $490k initial cash invested.

-27%

Cash On Cash

0.1%

Cap Rate

0.02

DSCR

$2,576

Rent

-$11,023

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,576 income − $13,599 expenses = $11,023 out of pocket

Income$2,576Out of Pocket$11,023Mortgage P&I$11,099431%Property Taxes$73028%Insurance$81232%HOA$833%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%

Investment Breakdown

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Purchase Price

$2247k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$490k

Downpayment

20%

$449k

Closing costs

1%

$22,474

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,576

Total Expenses

$13,599

Mortgage P&I

431%

$11,099

Property Taxes

28%

$730

Home Insurance

32%

$812

HOA

3%

$83

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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