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113 Delview Dr, Cherryville, NC 28021

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $71,190 initial cash invested.

-7.16%

Cash On Cash

4.74%

Cap Rate

0.81

DSCR

$2,118

Rent

-$425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,118

Total Expenses

$2,543

Mortgage P&I

78%

$1,658

Property Taxes

10%

$215

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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