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$3,126 (target)

1258 Birch Dr, Morganton, NC 28655

3 beds • 2 baths • 2058 sqft

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This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $85,830 initial cash invested.

2.53%

Cash On Cash

7.11%

Cap Rate

1.19

DSCR

$3,126

Rent

$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,126 income − $2,945 expenses = $181 cash flow

Income$3,126Mortgage P&I$1,60851%Property Taxes$1445%Insurance$1304%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$181

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,830

Downpayment

20%

$64,600

Closing costs

1%

$3,230

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,126

Total Expenses

$2,945

Mortgage P&I

51%

$1,608

Property Taxes

5%

$144

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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