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$3,330 (target)

7712 Old Waxhaw Monroe Rd, Waxhaw, NC 28173

3 beds • 2 baths • 1790 sqft

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This property looks like a bad Mid-Term investment with a projected -13.62% first-year return on $178k initial cash invested.

-13.62%

Cash On Cash

2.94%

Cap Rate

0.5

DSCR

$3,330

Rent

-$2,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,330 income − $5,351 expenses = $2,021 out of pocket

Income$3,330Out of Pocket$2,021Mortgage P&I$3,754113%Property Taxes$1876%Insurance$2788%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

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Purchase Price

$762k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$152k

Closing costs

1%

$7,623

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$5,351

Mortgage P&I

113%

$3,754

Property Taxes

6%

$187

Home Insurance

8%

$278

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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