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$2,550 (target)

119 Hillcrest St, Shelby, NC 28152

3 beds • 2 baths • 1620 sqft

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This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $73,251 initial cash invested.

2.65%

Cash On Cash

7.19%

Cap Rate

1.2

DSCR

$2,550

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,550 income − $2,388 expenses = $162 cash flow

Income$2,550Mortgage P&I$1,31351%Property Taxes$1134%Insurance$964%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$162

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,251

Downpayment

20%

$52,620

Closing costs

1%

$2,631

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,550

Total Expenses

$2,388

Mortgage P&I

51%

$1,313

Property Taxes

4%

$113

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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