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$2,631 (target)

16 Osborn Knob Rd, Marion, NC 28752

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -14.31% first-year return on $144k initial cash invested.

-14.31%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$2,631

Rent

-$1,715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,631 income − $4,346 expenses = $1,715 out of pocket

Income$2,631Out of Pocket$1,715Mortgage P&I$2,982113%Property Taxes$26010%Insurance$2108%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,631

Total Expenses

$4,346

Mortgage P&I

113%

$2,982

Property Taxes

10%

$260

Home Insurance

8%

$210

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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