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$5,368 (target)

57 Mountainaire Ct, Hendersonville, NC 28792

3 beds • 3 baths • 3387 sqft

$1,143,500

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This property looks like a bad Mid-Term investment with a projected -17.2% first-year return on $258k initial cash invested.

-17.2%

Cash On Cash

2.98%

Cap Rate

0.45

DSCR

$5,368

Rent

-$3,701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,368 income − $9,069 expenses = $3,701 out of pocket

Income$5,368Out of Pocket$3,701Mortgage P&I$6,321118%Property Taxes$4328%Insurance$4168%HOA$751%Management$64412%CapEx$2154%Vacancy$1613%Maintenance$2154%Other$59011%

Investment Breakdown

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Purchase Price

$1144k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$258k

Downpayment

20%

$229k

Closing costs

1%

$11,435

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,368

Total Expenses

$9,069

Mortgage P&I

118%

$6,321

Property Taxes

8%

$432

Home Insurance

8%

$416

HOA

1%

$75

Property Management

12%

$644

CapEx

4%

$215

Vacancy

3%

$161

Maintenance

4%

$215

Other

11%

$590

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