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$3,842 (target)

7342 Milan Dr, Huntersville, NC 28078

3 beds • 2 baths • 1808 sqft

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This property looks like a bad Mid-Term investment with a projected -5.53% first-year return on $129k initial cash invested.

-5.53%

Cash On Cash

5.12%

Cap Rate

0.84

DSCR

$3,842

Rent

-$595

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,842 income − $4,437 expenses = $595 out of pocket

Income$3,842Out of Pocket$595Mortgage P&I$2,69970%Property Taxes$2316%Insurance$2005%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%

Investment Breakdown

|

Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,295

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,842

Total Expenses

$4,437

Mortgage P&I

70%

$2,699

Property Taxes

6%

$231

Home Insurance

5%

$200

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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