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$3,348 (target)

5542 Randolph Rd, Kannapolis, NC 28081

3 beds • 2 baths • 2140 sqft

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This property looks like a bad Mid-Term investment with a projected -0.52% first-year return on $99,564 initial cash invested.

-0.52%

Cash On Cash

6.27%

Cap Rate

1.05

DSCR

$3,348

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,348 income − $3,391 expenses = $43 out of pocket

Income$3,348Out of Pocket$43Mortgage P&I$1,93858%Property Taxes$1845%Insurance$1314%Management$40212%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,564

Downpayment

20%

$77,680

Closing costs

1%

$3,884

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,348

Total Expenses

$3,391

Mortgage P&I

58%

$1,938

Property Taxes

6%

$184

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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