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$2,548 (target)

46 Perennial Rdg, Weaverville, NC 28787

3 beds • 2 baths • 1848 sqft

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This property looks like a bad Mid-Term investment with a projected -8.92% first-year return on $92,403 initial cash invested.

-8.92%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$2,548

Rent

-$687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $3,235 expenses = $687 out of pocket

Income$2,548Out of Pocket$687Mortgage P&I$1,75169%Property Taxes$1988%Insurance$42016%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,403

Downpayment

20%

$70,860

Closing costs

1%

$3,543

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$3,235

Mortgage P&I

69%

$1,751

Property Taxes

8%

$198

Home Insurance

16%

$420

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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