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646 Marigold Dr, Kannapolis, NC 28083

3 beds • 2 baths • 1527 sqft

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This property looks like a bad Long-Term investment with a projected -11.65% first-year return on $67,851 initial cash invested.

-11.65%

Cash On Cash

3.67%

Cap Rate

0.64

DSCR

$1,833

Rent

-$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,851

Downpayment

20%

$64,620

Closing costs

1%

$3,231

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,833

Total Expenses

$2,492

Mortgage P&I

85%

$1,556

Property Taxes

19%

$345

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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