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$3,396 (target)

104 Highland St, Belmont, NC 28012

3 beds • 3 baths • 1936 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $96,435 initial cash invested.

0.39%

Cash On Cash

6.56%

Cap Rate

1.09

DSCR

$3,396

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $3,365 expenses = $31 cash flow

Income$3,396Mortgage P&I$1,87555%Property Taxes$1855%Insurance$1494%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$31

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,435

Downpayment

20%

$74,700

Closing costs

1%

$3,735

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$3,365

Mortgage P&I

55%

$1,875

Property Taxes

5%

$185

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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