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$1,406 (target)

793 State Highway 197 S, Burnsville, NC 28714

3 beds • 2 baths • 2448 sqft

$2,349,000

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This property looks like a bad Long-Term investment with a projected -29.13% first-year return on $493k initial cash invested.

-29.13%

Cash On Cash

-0.15%

Cap Rate

-0.03

DSCR

$1,406

Rent

-$11,973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,406 income − $13,379 expenses = $11,973 out of pocket

Income$1,406Out of Pocket$11,973Mortgage P&I$11,608826%Property Taxes$58442%Insurance$82258%Management$14110%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$2349k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$493k

Downpayment

20%

$470k

Closing costs

1%

$23,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,406

Total Expenses

$13,379

Mortgage P&I

826%

$11,608

Property Taxes

42%

$584

Home Insurance

58%

$822

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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