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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 Mid-Term investment with a projected -5.58% first-year return on $106k initial cash invested.

-5.58%

Cash On Cash

4.67%

Cap Rate

0.81

DSCR

$2,826

Rent

-$494

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

$106k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,826

Total Expenses

$3,320

Mortgage P&I

71%

$2,016

Property Taxes

7%

$194

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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