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$2,859 (target)

115 Church St, Burnsville, NC 28714

3 beds • 2 baths • 1280 sqft

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This property could be a profitable Mid-Term investment with a projected 11.86% first-year return on $63,150 initial cash invested.

11.86%

Cash On Cash

10.43%

Cap Rate

1.65

DSCR

$2,859

Rent

$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $2,235 expenses = $624 cash flow

Income$2,859Mortgage P&I$1,13040%Property Taxes$592%Insurance$753%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$624

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,859

Total Expenses

$2,235

Mortgage P&I

40%

$1,130

Property Taxes

2%

$59

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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