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$4,233 (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 Mid-Term investment with a projected -11.1% first-year return on $155k initial cash invested.

-11.1%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$4,233

Rent

-$1,431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,233 income − $5,664 expenses = $1,431 out of pocket

Income$4,233Out of Pocket$1,431Mortgage P&I$3,24977%Property Taxes$2305%Insurance$3017%HOA$44511%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%

Investment Breakdown

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Purchase Price

$651k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$130k

Closing costs

1%

$6,511

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,233

Total Expenses

$5,664

Mortgage P&I

77%

$3,249

Property Taxes

5%

$230

Home Insurance

7%

$301

HOA

11%

$445

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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