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923 1st St NE, Hickory, NC 28601

3 beds • 3 baths • 3232 sqft

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This property looks like a bad Long-Term investment with a projected -20.51% first-year return on $132k initial cash invested.

-20.51%

Cash On Cash

1.73%

Cap Rate

0.3

DSCR

$1,830

Rent

-$2,258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$629k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$126k

Closing costs

1%

$6,291

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,830

Total Expenses

$4,088

Mortgage P&I

168%

$3,074

Property Taxes

18%

$327

Home Insurance

11%

$210

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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