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$4,116 (target)

6181 Willowbottom Rd, Hickory, NC 28602

3 beds • 4 baths • 2699 sqft

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This property looks like a bad Mid-Term investment with a projected -4.59% first-year return on $135k initial cash invested.

-4.59%

Cash On Cash

5.28%

Cap Rate

0.87

DSCR

$4,116

Rent

-$517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,116 income − $4,633 expenses = $517 out of pocket

Income$4,116Out of Pocket$517Mortgage P&I$2,80968%Property Taxes$1905%Insurance$2346%Management$49412%CapEx$1654%Vacancy$1233%Maintenance$1654%Other$45311%

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,585

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,116

Total Expenses

$4,633

Mortgage P&I

68%

$2,809

Property Taxes

5%

$190

Home Insurance

6%

$234

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$123

Maintenance

4%

$165

Other

11%

$453

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