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$4,440 (target)

94A Laurel Ledge Way, Fletcher, NC 28732

3 beds • 4 baths • 3275 sqft

$2,495,000

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This property looks like a bad Long-Term investment with a projected -25.98% first-year return on $524k initial cash invested.

-25.98%

Cash On Cash

0.63%

Cap Rate

0.11

DSCR

$4,440

Rent

-$11,343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,440 income − $15,783 expenses = $11,343 out of pocket

Income$4,440Out of Pocket$11,343Mortgage P&I$12,438280%Property Taxes$1,10225%Insurance$87320%HOA$2165%Management$44410%CapEx$2225%Vacancy$2666%Maintenance$2225%

Investment Breakdown

|

Purchase Price

$2495k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$524k

Downpayment

20%

$499k

Closing costs

1%

$24,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,440

Total Expenses

$15,783

Mortgage P&I

280%

$12,438

Property Taxes

25%

$1,102

Home Insurance

20%

$873

HOA

5%

$216

Property Management

10%

$444

CapEx

5%

$222

Vacancy

6%

$266

Maintenance

5%

$222

Other

0%

$0

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