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$4,171 (target)

94 Laurel Ledge Way, Fletcher, NC 28732

3 beds • 4 baths • 3275 sqft

$2,695,000

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This property looks like a bad Long-Term investment with a projected -26.37% first-year return on $566k initial cash invested.

-26.37%

Cash On Cash

0.54%

Cap Rate

0.09

DSCR

$4,171

Rent

-$12,438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,171 income − $16,609 expenses = $12,438 out of pocket

Income$4,171Out of Pocket$12,438Mortgage P&I$13,435322%Property Taxes$71417%Insurance$94323%HOA$43210%Management$41710%CapEx$2095%Vacancy$2506%Maintenance$2095%

Investment Breakdown

|

Purchase Price

$2695k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$566k

Downpayment

20%

$539k

Closing costs

1%

$26,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,171

Total Expenses

$16,609

Mortgage P&I

322%

$13,435

Property Taxes

17%

$714

Home Insurance

23%

$943

HOA

10%

$432

Property Management

10%

$417

CapEx

5%

$209

Vacancy

6%

$250

Maintenance

5%

$209

Other

0%

$0

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