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$3,782 (target)

5408 Chegall Crossing Way, Mount Holly, NC 28120

3 beds • 3 baths • 2404 sqft

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This property looks like a bad Mid-Term investment with a projected -16.32% first-year return on $187k initial cash invested.

-16.32%

Cash On Cash

2.35%

Cap Rate

0.4

DSCR

$3,782

Rent

-$2,547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,782 income − $6,329 expenses = $2,547 out of pocket

Income$3,782Out of Pocket$2,547Mortgage P&I$3,978105%Property Taxes$45912%Insurance$2898%HOA$3188%Management$45412%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41611%

Investment Breakdown

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Purchase Price

$806k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$187k

Downpayment

20%

$161k

Closing costs

1%

$8,063

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,782

Total Expenses

$6,329

Mortgage P&I

105%

$3,978

Property Taxes

12%

$459

Home Insurance

8%

$289

HOA

8%

$318

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$416

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