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$2,499 (target)

919 Danbrook Cir, Lincolnton, NC 28092

3 beds • 3 baths • 3411 sqft

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This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $85,848 initial cash invested.

-10.08%

Cash On Cash

4.3%

Cap Rate

0.71

DSCR

$2,499

Rent

-$721

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $3,220 expenses = $721 out of pocket

Income$2,499Out of Pocket$721Mortgage P&I$2,06182%Property Taxes$36014%Insurance$1496%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,848

Downpayment

20%

$81,760

Closing costs

1%

$4,088

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,499

Total Expenses

$3,220

Mortgage P&I

82%

$2,061

Property Taxes

14%

$360

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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