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$2,866 (target)

9409 Wedgewood Dr, Huntersville, NC 28078

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Mid-Term investment with a projected -1.04% first-year return on $85,305 initial cash invested.

-1.04%

Cash On Cash

6.14%

Cap Rate

1.03

DSCR

$2,866

Rent

-$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $2,940 expenses = $74 out of pocket

Income$2,866Out of Pocket$74Mortgage P&I$1,60056%Property Taxes$2268%Insurance$1395%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,305

Downpayment

20%

$64,100

Closing costs

1%

$3,205

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$2,940

Mortgage P&I

56%

$1,600

Property Taxes

8%

$226

Home Insurance

5%

$139

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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