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6 Mulberry Dr, Arden, NC 28704

3 beds • 3 baths • 2031 sqft

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This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $102k initial cash invested.

-13.28%

Cash On Cash

3.25%

Cap Rate

0.56

DSCR

$2,081

Rent

-$1,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,081

Total Expenses

$3,208

Mortgage P&I

112%

$2,338

Property Taxes

8%

$159

Home Insurance

8%

$170

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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