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$3,724 (target)

118 N Hill Ln, Troutman, NC 28166

3 beds • 3 baths • 2164 sqft

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This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $96,834 initial cash invested.

2.11%

Cash On Cash

6.99%

Cap Rate

1.17

DSCR

$3,724

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,834

Downpayment

20%

$75,080

Closing costs

1%

$3,754

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,724

Total Expenses

$3,554

Mortgage P&I

50%

$1,867

Property Taxes

6%

$212

Home Insurance

4%

$133

HOA

2%

$75

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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