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$2,466 (target)

506 S Cansler St, Kings Mountain, NC 28086

3 beds • 2 baths • 1410 sqft

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This property looks like a bad Mid-Term investment with a projected -3.9% first-year return on $83,898 initial cash invested.

-3.9%

Cash On Cash

5.44%

Cap Rate

0.89

DSCR

$2,466

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,466 income − $2,739 expenses = $273 out of pocket

Income$2,466Out of Pocket$273Mortgage P&I$1,59665%Property Taxes$1908%Insurance$1145%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,898

Downpayment

20%

$62,760

Closing costs

1%

$3,138

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,466

Total Expenses

$2,739

Mortgage P&I

65%

$1,596

Property Taxes

8%

$190

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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