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$4,224 (target)

5505 Hickory Leaf Ct, Mount Holly, NC 28120

3 beds • 5 baths • 3482 sqft

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This property looks like a bad Mid-Term investment with a projected -11.3% first-year return on $174k initial cash invested.

-11.3%

Cash On Cash

3.74%

Cap Rate

0.61

DSCR

$4,224

Rent

-$1,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,224 income − $5,866 expenses = $1,642 out of pocket

Income$4,224Out of Pocket$1,642Mortgage P&I$3,79490%Property Taxes$3669%Insurance$2696%Management$50712%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46511%

Investment Breakdown

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Purchase Price

$744k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,443

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,224

Total Expenses

$5,866

Mortgage P&I

90%

$3,794

Property Taxes

9%

$366

Home Insurance

6%

$269

HOA

0%

$0

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$465

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