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$2,570 (target)

121 Marcus Dr, Shelby, NC 28152

3 beds • 2 baths • 1853 sqft

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This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $73,125 initial cash invested.

1.89%

Cash On Cash

6.94%

Cap Rate

1.17

DSCR

$2,570

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $2,455 expenses = $115 cash flow

Income$2,570Mortgage P&I$1,30151%Property Taxes$1867%Insurance$944%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$115

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,125

Downpayment

20%

$52,500

Closing costs

1%

$2,625

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$2,455

Mortgage P&I

51%

$1,301

Property Taxes

7%

$186

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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