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$3,840 (target)

146 Cobblestone Dr, Marion, NC 28752

3 beds • 4 baths • 2754 sqft

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This property looks like a bad Mid-Term investment with a projected -1.29% first-year return on $114k initial cash invested.

-1.29%

Cash On Cash

6.22%

Cap Rate

1.01

DSCR

$3,840

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,840 income − $3,963 expenses = $123 out of pocket

Income$3,840Out of Pocket$123Mortgage P&I$2,34361%Property Taxes$1464%Insurance$1684%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42211%

Investment Breakdown

|

Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,560

Closing costs

1%

$4,578

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,840

Total Expenses

$3,963

Mortgage P&I

61%

$2,343

Property Taxes

4%

$146

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$422

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