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$3,320 (target)

4323 Weddington Rd, Monroe, NC 28110

3 beds • 2 baths • 1981 sqft

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This property looks like a bad Mid-Term investment with a projected -12.9% first-year return on $157k initial cash invested.

-12.9%

Cash On Cash

3.46%

Cap Rate

0.55

DSCR

$3,320

Rent

-$1,683

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,320 income − $5,003 expenses = $1,683 out of pocket

Income$3,320Out of Pocket$1,683Mortgage P&I$3,453104%Property Taxes$1906%Insurance$2317%Management$39812%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%

Investment Breakdown

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Purchase Price

$660k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$132k

Closing costs

1%

$6,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,320

Total Expenses

$5,003

Mortgage P&I

104%

$3,453

Property Taxes

6%

$190

Home Insurance

7%

$231

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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