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$2,531 (target)

5 Longfellow, Black Mountain, NC 28711

3 beds • 2 baths • 2836 sqft

$1,327,600

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This property looks like a bad Long-Term investment with a projected -26.2% first-year return on $279k initial cash invested.

-26.2%

Cash On Cash

0.69%

Cap Rate

0.11

DSCR

$2,531

Rent

-$6,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,531 income − $8,619 expenses = $6,088 out of pocket

Income$2,531Out of Pocket$6,088Mortgage P&I$6,723266%Property Taxes$63925%Insurance$49019%HOA$1084%Management$25310%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

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Purchase Price

$1328k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$279k

Downpayment

20%

$266k

Closing costs

1%

$13,276

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,531

Total Expenses

$8,619

Mortgage P&I

266%

$6,723

Property Taxes

25%

$639

Home Insurance

19%

$490

HOA

4%

$108

Property Management

10%

$253

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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