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$2,708 (target)

1206 Wyanoke Ave, Shelby, NC 28152

3 beds • 2 baths • 1833 sqft

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This property might be a fair Mid-Term investment with a projected 2.32% first-year return on $73,419 initial cash invested.

2.32%

Cash On Cash

7.16%

Cap Rate

1.19

DSCR

$2,708

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $2,566 expenses = $142 cash flow

Income$2,708Mortgage P&I$1,32549%Property Taxes$2258%Insurance$964%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$142

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,419

Downpayment

20%

$52,780

Closing costs

1%

$2,639

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$2,566

Mortgage P&I

49%

$1,325

Property Taxes

8%

$225

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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