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$3,976 (target)

6513 Cumberland Dr, Harrisburg, NC 28075

3 beds • 2 baths • 1902 sqft

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This property looks like a bad Mid-Term investment with a projected -6.6% first-year return on $117k initial cash invested.

-6.6%

Cash On Cash

5.21%

Cap Rate

0.81

DSCR

$3,976

Rent

-$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,976 income − $4,617 expenses = $641 out of pocket

Income$3,976Out of Pocket$641Mortgage P&I$2,52063%Property Taxes$40910%Insurance$1664%HOA$1714%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43711%

Investment Breakdown

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Purchase Price

$469k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,860

Closing costs

1%

$4,693

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,976

Total Expenses

$4,617

Mortgage P&I

63%

$2,520

Property Taxes

10%

$409

Home Insurance

4%

$166

HOA

4%

$171

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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