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$4,831 (target)

445 Sundown Rd, Mooresville, NC 28117

3 beds • 5 baths • 3920 sqft

$2,485,000

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This property looks like a bad Long-Term investment with a projected -23.52% first-year return on $522k initial cash invested.

-23.52%

Cash On Cash

1.15%

Cap Rate

0.19

DSCR

$4,831

Rent

-$10,227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,831 income − $15,058 expenses = $10,227 out of pocket

Income$4,831Out of Pocket$10,227Mortgage P&I$12,366256%Property Taxes$56512%Insurance$87018%Management$48310%CapEx$2425%Vacancy$2906%Maintenance$2425%

Investment Breakdown

|

Purchase Price

$2485k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$522k

Downpayment

20%

$497k

Closing costs

1%

$24,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,831

Total Expenses

$15,058

Mortgage P&I

256%

$12,366

Property Taxes

12%

$565

Home Insurance

18%

$870

HOA

0%

$0

Property Management

10%

$483

CapEx

5%

$242

Vacancy

6%

$290

Maintenance

5%

$242

Other

0%

$0

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