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$2,745 (target)

632 Marigold Dr, Kannapolis, NC 28083

3 beds • 2 baths • 1376 sqft

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This property looks like a bad Mid-Term investment with a projected -2.46% first-year return on $83,478 initial cash invested.

-2.46%

Cash On Cash

5.75%

Cap Rate

0.96

DSCR

$2,745

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,745 income − $2,916 expenses = $171 out of pocket

Income$2,745Out of Pocket$171Mortgage P&I$1,55557%Property Taxes$30911%Insurance$1194%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,478

Downpayment

20%

$62,360

Closing costs

1%

$3,118

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,745

Total Expenses

$2,916

Mortgage P&I

57%

$1,555

Property Taxes

11%

$309

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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