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$2,274 (target)

1104 S Madison Ave, Goldsboro, NC 27530

3 beds • 2 baths • 1355 sqft

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This property might be a fair Mid-Term investment with a projected 4.22% first-year return on $59,370 initial cash invested.

4.22%

Cash On Cash

8.46%

Cap Rate

1.28

DSCR

$2,274

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,274 income − $2,065 expenses = $209 cash flow

Income$2,274Mortgage P&I$1,08948%Property Taxes$1346%Insurance$693%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%Cash Flow$209

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,370

Downpayment

20%

$39,400

Closing costs

1%

$1,970

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,274

Total Expenses

$2,065

Mortgage P&I

48%

$1,089

Property Taxes

6%

$134

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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