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$2,822 (target)

6 Laurel Branch Dr, Black Mountain, NC 28711

3 beds • 3 baths • 3109 sqft

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This property looks like a bad Long-Term investment with a projected -18.75% first-year return on $137k initial cash invested.

-18.75%

Cash On Cash

2.31%

Cap Rate

0.39

DSCR

$2,822

Rent

-$2,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,822 income − $4,958 expenses = $2,136 out of pocket

Income$2,822Out of Pocket$2,136Mortgage P&I$3,249115%Property Taxes$2308%Insurance$30111%HOA$44516%Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$651k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$130k

Closing costs

1%

$6,511

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,822

Total Expenses

$4,958

Mortgage P&I

115%

$3,249

Property Taxes

8%

$230

Home Insurance

11%

$301

HOA

16%

$445

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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