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$3,309 (target)

9031 Dartmoor Pl, Mint Hill, NC 28227

3 beds • 2 baths • 1737 sqft

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This property might be a fair Mid-Term investment with a projected 6.12% first-year return on $80,979 initial cash invested.

6.12%

Cash On Cash

8.17%

Cap Rate

1.36

DSCR

$3,309

Rent

$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,309 income − $2,896 expenses = $413 cash flow

Income$3,309Mortgage P&I$1,49745%Property Taxes$1705%Insurance$1053%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$413

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,309

Total Expenses

$2,896

Mortgage P&I

45%

$1,497

Property Taxes

5%

$170

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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