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$1,717 (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 Long-Term investment with a projected -29.12% first-year return on $472k initial cash invested.

-29.12%

Cash On Cash

-0.14%

Cap Rate

-0.02

DSCR

$1,717

Rent

-$11,454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,717 income − $13,171 expenses = $11,454 out of pocket

Income$1,717Out of Pocket$11,454Mortgage P&I$11,099646%Property Taxes$73043%Insurance$81247%HOA$835%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$2247k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$472k

Downpayment

20%

$449k

Closing costs

1%

$22,474

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,717

Total Expenses

$13,171

Mortgage P&I

646%

$11,099

Property Taxes

43%

$730

Home Insurance

47%

$812

HOA

5%

$83

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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