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$4,816 (target)

80 Goldenwood Ln, Mills River, NC 28759

3 beds • 4 baths • 2385 sqft

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This property looks like a bad Mid-Term investment with a projected -8.64% first-year return on $183k initial cash invested.

-8.64%

Cash On Cash

4.2%

Cap Rate

0.71

DSCR

$4,816

Rent

-$1,317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,816 income − $6,133 expenses = $1,317 out of pocket

Income$4,816Out of Pocket$1,317Mortgage P&I$3,87380%Property Taxes$3477%Insurance$2756%Management$57812%CapEx$1934%Vacancy$1443%Maintenance$1934%Other$53011%

Investment Breakdown

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Purchase Price

$785k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$157k

Closing costs

1%

$7,850

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,816

Total Expenses

$6,133

Mortgage P&I

80%

$3,873

Property Taxes

7%

$347

Home Insurance

6%

$275

HOA

0%

$0

Property Management

12%

$578

CapEx

4%

$193

Vacancy

3%

$144

Maintenance

4%

$193

Other

11%

$530

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