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$4,764 (target)

590 Larkhaven Dr, Nebo, NC 28761

3 beds • 4 baths • 2434 sqft

$1,270,700

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This property looks like a bad Mid-Term investment with a projected -17.29% first-year return on $285k initial cash invested.

-17.29%

Cash On Cash

2.23%

Cap Rate

0.38

DSCR

$4,764

Rent

-$4,105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,764 income − $8,869 expenses = $4,105 out of pocket

Income$4,764Out of Pocket$4,105Mortgage P&I$6,276132%Property Taxes$46610%Insurance$4239%HOA$832%Management$57212%CapEx$1914%Vacancy$1433%Maintenance$1914%Other$52411%

Investment Breakdown

|

Purchase Price

$1271k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$285k

Downpayment

20%

$254k

Closing costs

1%

$12,707

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,764

Total Expenses

$8,869

Mortgage P&I

132%

$6,276

Property Taxes

10%

$466

Home Insurance

9%

$423

HOA

2%

$83

Property Management

12%

$572

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$524

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