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$1,624 (target)

8402 Hembywood Dr, Indian Trail, NC 28079

3 beds • 2 baths • 1149 sqft

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This property looks like a bad Long-Term investment with a projected -7.62% first-year return on $59,514 initial cash invested.

-7.62%

Cash On Cash

4.67%

Cap Rate

0.79

DSCR

$1,624

Rent

-$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,624 income − $2,002 expenses = $378 out of pocket

Income$1,624Out of Pocket$378Mortgage P&I$1,40086%Property Taxes$875%Insurance$946%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,514

Downpayment

20%

$56,680

Closing costs

1%

$2,834

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,624

Total Expenses

$2,002

Mortgage P&I

86%

$1,400

Property Taxes

5%

$87

Home Insurance

6%

$94

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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