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$3,110 (target)

139 Vista Dr, Forest City, NC 28043

3 beds • 3 baths • 2162 sqft

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This property might be a fair Mid-Term investment with a projected 6.47% first-year return on $76,779 initial cash invested.

6.47%

Cash On Cash

8.26%

Cap Rate

1.39

DSCR

$3,110

Rent

$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,110 income − $2,696 expenses = $414 cash flow

Income$3,110Mortgage P&I$1,38845%Property Taxes$1535%Insurance$993%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$414

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,110

Total Expenses

$2,696

Mortgage P&I

45%

$1,388

Property Taxes

5%

$153

Home Insurance

3%

$99

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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