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$1,837 (target)

918 Brookwood Ct, Statesville, NC 28677

3 beds • 2 baths • 1522 sqft

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This property looks like a bad Long-Term investment with a projected -12.74% first-year return on $71,484 initial cash invested.

-12.74%

Cash On Cash

3.8%

Cap Rate

0.62

DSCR

$1,837

Rent

-$759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,837 income − $2,596 expenses = $759 out of pocket

Income$1,837Out of Pocket$759Mortgage P&I$1,74695%Property Taxes$25114%Insurance$1217%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,484

Downpayment

20%

$68,080

Closing costs

1%

$3,404

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,837

Total Expenses

$2,596

Mortgage P&I

95%

$1,746

Property Taxes

14%

$251

Home Insurance

7%

$121

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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