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$3,246 (target)

104 Hawthorne Ln, Morganton, NC 28655

3 beds • 2 baths • 1997 sqft

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This property might be a fair Mid-Term investment with a projected 4.81% first-year return on $84,801 initial cash invested.

4.81%

Cash On Cash

7.81%

Cap Rate

1.29

DSCR

$3,246

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,246 income − $2,906 expenses = $340 cash flow

Income$3,246Mortgage P&I$1,59949%Property Taxes$893%Insurance$1144%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$340

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,801

Downpayment

20%

$63,620

Closing costs

1%

$3,181

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,246

Total Expenses

$2,906

Mortgage P&I

49%

$1,599

Property Taxes

3%

$89

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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