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$2,918 (target)

108 Grand Acres Ln, Maiden, NC 28650

3 beds • 2 baths • 2427 sqft

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This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $86,166 initial cash invested.

0.21%

Cash On Cash

6.69%

Cap Rate

1.08

DSCR

$2,918

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,918 income − $2,903 expenses = $15 cash flow

Income$2,918Mortgage P&I$1,67858%Property Taxes$1164%Insurance$1164%Management$35012%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%Cash Flow$15

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,918

Total Expenses

$2,903

Mortgage P&I

58%

$1,678

Property Taxes

4%

$116

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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