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$3,033 (target)

5023 Samuel Pinckney Dr, Belmont, NC 28012

3 beds • 3 baths • 3216 sqft

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This property looks like a bad Long-Term investment with a projected -21.03% first-year return on $206k initial cash invested.

-21.03%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$3,033

Rent

-$3,607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,033 income − $6,640 expenses = $3,607 out of pocket

Income$3,033Out of Pocket$3,607Mortgage P&I$4,886161%Property Taxes$62221%Insurance$34311%Management$30310%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

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Purchase Price

$980k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$196k

Closing costs

1%

$9,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,033

Total Expenses

$6,640

Mortgage P&I

161%

$4,886

Property Taxes

21%

$622

Home Insurance

11%

$343

HOA

0%

$0

Property Management

10%

$303

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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