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$3,123 (target)

4358 Hornyak Dr, Monroe, NC 28110

3 beds • 3 baths • 1956 sqft

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This property looks like a bad Mid-Term investment with a projected -4.91% first-year return on $104k initial cash invested.

-4.91%

Cash On Cash

5.13%

Cap Rate

0.85

DSCR

$3,123

Rent

-$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $3,549 expenses = $426 out of pocket

Income$3,123Out of Pocket$426Mortgage P&I$2,05266%Property Taxes$2909%Insurance$1445%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$3,549

Mortgage P&I

66%

$2,052

Property Taxes

9%

$290

Home Insurance

5%

$144

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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