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$1,790 (target)

1015 E 10th St, Lumberton, NC 28358

3 beds • 2 baths • 1570 sqft

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This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $56,220 initial cash invested.

0.62%

Cash On Cash

7.4%

Cap Rate

1.1

DSCR

$1,790

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,790 income − $1,761 expenses = $29 cash flow

Income$1,790Mortgage P&I$1,02257%Property Taxes$654%Insurance$644%Management$21512%CapEx$724%Vacancy$543%Maintenance$724%Other$19711%Cash Flow$29

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,220

Downpayment

20%

$36,400

Closing costs

1%

$1,820

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,790

Total Expenses

$1,761

Mortgage P&I

57%

$1,022

Property Taxes

4%

$65

Home Insurance

4%

$64

HOA

0%

$0

Property Management

12%

$215

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$197

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