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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 Mid-Term investment with a projected -2.78% first-year return on $85,851 initial cash invested.

-2.78%

Cash On Cash

5.45%

Cap Rate

0.94

DSCR

$2,750

Rent

-$199

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

$85,851

Downpayment

20%

$64,620

Closing costs

1%

$3,231

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,949

Mortgage P&I

57%

$1,556

Property Taxes

13%

$345

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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