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9248 Ducati Ln, Cornelius, NC 28031

3 beds • 3 baths • 1339 sqft

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This property looks like a bad Long-Term investment with a projected -9.41% first-year return on $78,582 initial cash invested.

-9.41%

Cash On Cash

4.15%

Cap Rate

0.72

DSCR

$2,157

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,582

Downpayment

20%

$74,840

Closing costs

1%

$3,742

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,157

Total Expenses

$2,773

Mortgage P&I

84%

$1,802

Property Taxes

10%

$215

Home Insurance

6%

$133

HOA

3%

$62

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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