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$3,500 (target)

10096 State Highway 226 S, Nebo, NC 28761

3 beds • 2 baths • 2702 sqft

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This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $114k initial cash invested.

-3.46%

Cash On Cash

5.49%

Cap Rate

0.92

DSCR

$3,500

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,500 income − $3,828 expenses = $328 out of pocket

Income$3,500Out of Pocket$328Mortgage P&I$2,27565%Property Taxes$2006%Insurance$1635%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,160

Closing costs

1%

$4,558

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,500

Total Expenses

$3,828

Mortgage P&I

65%

$2,275

Property Taxes

6%

$200

Home Insurance

5%

$163

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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