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$2,844 (target)

1217 Teakwood Drive, Greenville, NC 27834

3 beds • 2 baths • 1608 sqft

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This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $73,398 initial cash invested.

3.06%

Cash On Cash

7.53%

Cap Rate

1.22

DSCR

$2,844

Rent

$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,844 income − $2,657 expenses = $187 cash flow

Income$2,844Mortgage P&I$1,35448%Property Taxes$2328%Insurance$943%HOA$10Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%Cash Flow$187

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,398

Downpayment

20%

$52,760

Closing costs

1%

$2,638

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$2,657

Mortgage P&I

48%

$1,354

Property Taxes

8%

$232

Home Insurance

3%

$94

HOA

0%

$10

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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