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$2,858 (target)

46 Mandalay Pl SW, Concord, NC 28027

3 beds • 2 baths • 1474 sqft

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This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $79,887 initial cash invested.

1.1%

Cash On Cash

6.85%

Cap Rate

1.13

DSCR

$2,858

Rent

$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,858 income − $2,785 expenses = $73 cash flow

Income$2,858Mortgage P&I$1,49552%Property Taxes$2147%Insurance$1054%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$73

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,858

Total Expenses

$2,785

Mortgage P&I

52%

$1,495

Property Taxes

7%

$214

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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