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$4,990 (target)

85 Garnet Spring Ln, Waynesville, NC 28785

3 beds • 3 baths • 2512 sqft

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This property looks like a bad Mid-Term investment with a projected -4.32% first-year return on $159k initial cash invested.

-4.32%

Cash On Cash

5.28%

Cap Rate

0.89

DSCR

$4,990

Rent

-$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,990 income − $5,564 expenses = $574 out of pocket

Income$4,990Out of Pocket$574Mortgage P&I$3,33967%Property Taxes$1894%Insurance$2385%HOA$1002%Management$59912%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$54911%

Investment Breakdown

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Purchase Price

$673k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$135k

Closing costs

1%

$6,734

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,990

Total Expenses

$5,564

Mortgage P&I

67%

$3,339

Property Taxes

4%

$189

Home Insurance

5%

$238

HOA

2%

$100

Property Management

12%

$599

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$549

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