6320 E State Highway 108, Mill Spring, NC 28756
3 beds • 4 baths • 3300 sqft
$1,085,800
View on ZillowThis property looks like a bad Mid-Term investment with a projected -18.81% first-year return on $246k initial cash invested.
-18.81%
Cash On Cash
2.41%
Cap Rate
0.37
DSCR
$4,564
Rent
-$3,856
Cashflow
Cash Flow
$4,564 income − $8,420 expenses = $3,856 out of pocket
Investment Breakdown
|
Purchase Price
$1086k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$246k
Downpayment
20%
$217k
Closing costs
1%
$10,858
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,564
Total Expenses
$8,420
Mortgage P&I
128%
$5,852
Property Taxes
10%
$457
Home Insurance
12%
$558
HOA
0%
$0
Property Management
12%
$548
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$502