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$3,022 (target)

47 Pleasant Ridge Trl, Nebo, NC 28761

3 beds • 3 baths • 2611 sqft

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This property looks like a bad Mid-Term investment with a projected -16.91% first-year return on $196k initial cash invested.

-16.91%

Cash On Cash

2.34%

Cap Rate

0.38

DSCR

$3,022

Rent

-$2,768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,022 income − $5,790 expenses = $2,768 out of pocket

Income$3,022Out of Pocket$2,768Mortgage P&I$4,301142%Property Taxes$451%Insurance$29810%HOA$1184%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,022

Total Expenses

$5,790

Mortgage P&I

142%

$4,301

Property Taxes

1%

$45

Home Insurance

10%

$298

HOA

4%

$118

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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