REI Lense

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$4,664 (target)

724 Big Indian Loop, Mooresville, NC 28117

3 beds • 2 baths • 2088 sqft

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This property looks like a bad Mid-Term investment with a projected -10.41% first-year return on $191k initial cash invested.

-10.41%

Cash On Cash

3.89%

Cap Rate

0.64

DSCR

$4,664

Rent

-$1,659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,247

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,664

Total Expenses

$6,323

Mortgage P&I

89%

$4,144

Property Taxes

6%

$294

Home Insurance

6%

$298

HOA

0%

$0

Property Management

12%

$560

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$513

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