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$3,345 (target)

7134 Forest Hills Dr, Denver, NC 28037

3 beds • 3 baths • 1908 sqft

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This property looks like a bad Mid-Term investment with a projected -2.88% first-year return on $104k initial cash invested.

-2.88%

Cash On Cash

5.77%

Cap Rate

0.94

DSCR

$3,345

Rent

-$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,345 income − $3,596 expenses = $251 out of pocket

Income$3,345Out of Pocket$251Mortgage P&I$2,09663%Property Taxes$2146%Insurance$1494%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,340

Closing costs

1%

$4,117

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,345

Total Expenses

$3,596

Mortgage P&I

63%

$2,096

Property Taxes

6%

$214

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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