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$5,074 (target)

6603 Havencrest Dr, Denver, NC 28037

3 beds • 3 baths • 2863 sqft

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This property looks like a bad Mid-Term investment with a projected -5.89% first-year return on $170k initial cash invested.

-5.89%

Cash On Cash

4.9%

Cap Rate

0.82

DSCR

$5,074

Rent

-$835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,074 income − $5,909 expenses = $835 out of pocket

Income$5,074Out of Pocket$835Mortgage P&I$3,59171%Property Taxes$3106%Insurance$2545%HOA$291%Management$60912%CapEx$2034%Vacancy$1523%Maintenance$2034%Other$55811%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,249

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,074

Total Expenses

$5,909

Mortgage P&I

71%

$3,591

Property Taxes

6%

$310

Home Insurance

5%

$254

HOA

1%

$29

Property Management

12%

$609

CapEx

4%

$203

Vacancy

3%

$152

Maintenance

4%

$203

Other

11%

$558

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