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$3,462 (target)

6855 Colonial Garden Dr, Huntersville, NC 28078

3 beds • 2 baths • 2350 sqft

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This property looks like a bad Mid-Term investment with a projected -6.84% first-year return on $122k initial cash invested.

-6.84%

Cash On Cash

4.58%

Cap Rate

0.77

DSCR

$3,462

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,462 income − $4,160 expenses = $698 out of pocket

Income$3,462Out of Pocket$698Mortgage P&I$2,45771%Property Taxes$2828%Insurance$1745%HOA$712%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38111%

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,400

Closing costs

1%

$4,970

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,462

Total Expenses

$4,160

Mortgage P&I

71%

$2,457

Property Taxes

8%

$282

Home Insurance

5%

$174

HOA

2%

$71

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

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