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$2,346 (target)

138 Oak Hill Dr, Forest City, NC 28043

3 beds • 2 baths • 1324 sqft

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This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $72,579 initial cash invested.

0.4%

Cash On Cash

6.51%

Cap Rate

1.09

DSCR

$2,346

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,346 income − $2,322 expenses = $24 cash flow

Income$2,346Mortgage P&I$1,29255%Property Taxes$1416%Insurance$914%Management$28212%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$24

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,346

Total Expenses

$2,322

Mortgage P&I

55%

$1,292

Property Taxes

6%

$141

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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