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9303 High Rock Dr, Waxhaw, NC 28173

3 beds • 3 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -13.12% first-year return on $88,200 initial cash invested.

-13.12%

Cash On Cash

3.27%

Cap Rate

0.57

DSCR

$1,884

Rent

-$964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,200

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,884

Total Expenses

$2,848

Mortgage P&I

107%

$2,016

Property Taxes

10%

$194

Home Insurance

8%

$149

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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