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$3,584 (target)

163 Sherry St, Rutherfordton, NC 28139

3 beds • 3 baths • 1863 sqft

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This property might be a fair Mid-Term investment with a projected 3.36% first-year return on $91,185 initial cash invested.

3.36%

Cash On Cash

7.53%

Cap Rate

1.22

DSCR

$3,584

Rent

$255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,584 income − $3,329 expenses = $255 cash flow

Income$3,584Mortgage P&I$1,79050%Property Taxes$1955%Insurance$1264%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%Cash Flow$255

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,185

Downpayment

20%

$69,700

Closing costs

1%

$3,485

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,584

Total Expenses

$3,329

Mortgage P&I

50%

$1,790

Property Taxes

5%

$195

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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