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$3,567 (target)

9018 Hunters Pointe Dr, Huntersville, NC 28078

3 beds • 3 baths • 2006 sqft

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This property looks like a bad Mid-Term investment with a projected -4.97% first-year return on $120k initial cash invested.

-4.97%

Cash On Cash

5.12%

Cap Rate

0.85

DSCR

$3,567

Rent

-$499

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,567 income − $4,066 expenses = $499 out of pocket

Income$3,567Out of Pocket$499Mortgage P&I$2,43768%Property Taxes$2427%Insurance$1745%Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39211%

Investment Breakdown

|

Purchase Price

$488k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,500

Closing costs

1%

$4,875

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,567

Total Expenses

$4,066

Mortgage P&I

68%

$2,437

Property Taxes

7%

$242

Home Insurance

5%

$174

HOA

0%

$0

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$392

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