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$3,370 (target)

8420 Wilson Woods Dr, Mint Hill, NC 28227

3 beds • 2 baths • 1705 sqft

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This property might be a fair Mid-Term investment with a projected 0.18% first-year return on $95,952 initial cash invested.

0.18%

Cash On Cash

6.55%

Cap Rate

1.08

DSCR

$3,370

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,370 income − $3,356 expenses = $14 cash flow

Income$3,370Mortgage P&I$1,87756%Property Taxes$1996%Insurance$1344%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$14

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,952

Downpayment

20%

$74,240

Closing costs

1%

$3,712

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,370

Total Expenses

$3,356

Mortgage P&I

56%

$1,877

Property Taxes

6%

$199

Home Insurance

4%

$134

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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