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$4,550 (target)

5023 Samuel Pinckney Dr, Belmont, NC 28012

3 beds • 3 baths • 3216 sqft

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This property looks like a bad Mid-Term investment with a projected -15.27% first-year return on $224k initial cash invested.

-15.27%

Cash On Cash

2.72%

Cap Rate

0.45

DSCR

$4,550

Rent

-$2,847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,550 income − $7,397 expenses = $2,847 out of pocket

Income$4,550Out of Pocket$2,847Mortgage P&I$4,886107%Property Taxes$62214%Insurance$3438%Management$54612%CapEx$1824%Vacancy$1363%Maintenance$1824%Other$50011%

Investment Breakdown

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Purchase Price

$980k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$224k

Downpayment

20%

$196k

Closing costs

1%

$9,800

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,550

Total Expenses

$7,397

Mortgage P&I

107%

$4,886

Property Taxes

14%

$622

Home Insurance

8%

$343

HOA

0%

$0

Property Management

12%

$546

CapEx

4%

$182

Vacancy

3%

$136

Maintenance

4%

$182

Other

11%

$500

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