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556 High Pines Loop, Lake Lure, NC 28746

3 beds • 4 baths • 3622 sqft

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This property looks like a bad Long-Term investment with a projected -25.51% first-year return on $192k initial cash invested.

-25.51%

Cash On Cash

0.62%

Cap Rate

0.11

DSCR

$1,983

Rent

-$4,091

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$916k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$183k

Closing costs

1%

$9,164

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,983

Total Expenses

$6,074

Mortgage P&I

225%

$4,462

Property Taxes

26%

$515

Home Insurance

17%

$332

HOA

13%

$250

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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