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$4,014 (target)

909 Woodland Forest Dr, Waxhaw, NC 28173

3 beds • 3 baths • 3201 sqft

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This property looks like a bad Mid-Term investment with a projected -12.07% first-year return on $180k initial cash invested.

-12.07%

Cash On Cash

3.43%

Cap Rate

0.57

DSCR

$4,014

Rent

-$1,810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,014 income − $5,824 expenses = $1,810 out of pocket

Income$4,014Out of Pocket$1,810Mortgage P&I$3,85496%Property Taxes$3288%Insurance$2767%Management$48212%CapEx$1614%Vacancy$1203%Maintenance$1614%Other$44211%

Investment Breakdown

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Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,711

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,014

Total Expenses

$5,824

Mortgage P&I

96%

$3,854

Property Taxes

8%

$328

Home Insurance

7%

$276

HOA

0%

$0

Property Management

12%

$482

CapEx

4%

$161

Vacancy

3%

$120

Maintenance

4%

$161

Other

11%

$442

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