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$4,828 (target)

14 New Bishop Ln, Fletcher, NC 28732

3 beds • 3 baths • 2407 sqft

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This property looks like a bad Mid-Term investment with a projected -2.65% first-year return on $147k initial cash invested.

-2.65%

Cash On Cash

5.73%

Cap Rate

0.96

DSCR

$4,828

Rent

-$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,828 income − $5,152 expenses = $324 out of pocket

Income$4,828Out of Pocket$324Mortgage P&I$3,05963%Property Taxes$2335%Insurance$2195%Management$57912%CapEx$1934%Vacancy$1453%Maintenance$1934%Other$53111%

Investment Breakdown

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Purchase Price

$613k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,132

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,828

Total Expenses

$5,152

Mortgage P&I

63%

$3,059

Property Taxes

5%

$233

Home Insurance

5%

$219

HOA

0%

$0

Property Management

12%

$579

CapEx

4%

$193

Vacancy

3%

$145

Maintenance

4%

$193

Other

11%

$531

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