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$4,138 (target)

5925 Gatekeeper Ln, Mint Hill, NC 28227

3 beds • 2 baths • 2508 sqft

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This property looks like a bad Mid-Term investment with a projected -8.13% first-year return on $149k initial cash invested.

-8.13%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$4,138

Rent

-$1,006

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,138 income − $5,144 expenses = $1,006 out of pocket

Income$4,138Out of Pocket$1,006Mortgage P&I$3,12676%Property Taxes$3518%Insurance$2175%HOA$421%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45511%

Investment Breakdown

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Purchase Price

$622k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$124k

Closing costs

1%

$6,215

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,138

Total Expenses

$5,144

Mortgage P&I

76%

$3,126

Property Taxes

8%

$351

Home Insurance

5%

$217

HOA

1%

$42

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$455

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