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1207 Gidney St, Shelby, NC 28150

3 beds • 2 baths • 1072 sqft

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This property might be a fair Mid-Term investment with a projected 6.02% first-year return on $54,792 initial cash invested.

6.02%

Cash On Cash

8.6%

Cap Rate

1.4

DSCR

$2,022

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,792

Downpayment

20%

$35,040

Closing costs

1%

$1,752

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,022

Total Expenses

$1,747

Mortgage P&I

45%

$900

Property Taxes

4%

$89

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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