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$4,941 (target)

58 Poplar Dr, Mills River, NC 28759

3 beds • 3 baths • 2736 sqft

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This property looks like a bad Mid-Term investment with a projected -9.72% first-year return on $199k initial cash invested.

-9.72%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$4,941

Rent

-$1,611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,941 income − $6,552 expenses = $1,611 out of pocket

Income$4,941Out of Pocket$1,611Mortgage P&I$4,24586%Property Taxes$2224%Insurance$3106%HOA$942%Management$59312%CapEx$1984%Vacancy$1483%Maintenance$1984%Other$54411%

Investment Breakdown

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Purchase Price

$861k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$172k

Closing costs

1%

$8,609

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,941

Total Expenses

$6,552

Mortgage P&I

86%

$4,245

Property Taxes

4%

$222

Home Insurance

6%

$310

HOA

2%

$94

Property Management

12%

$593

CapEx

4%

$198

Vacancy

3%

$148

Maintenance

4%

$198

Other

11%

$544

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