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$2,379 (target)

1663 Harris Henrietta Rd, Forest City, NC 28043

3 beds • 2 baths • 1608 sqft

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This property could be a profitable Mid-Term investment with a projected 16.33% first-year return on $48,135 initial cash invested.

16.33%

Cash On Cash

12.82%

Cap Rate

1.96

DSCR

$2,379

Rent

$655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,379 income − $1,724 expenses = $655 cash flow

Income$2,379Mortgage P&I$78333%Property Taxes$813%Insurance$522%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$655

Investment Breakdown

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Purchase Price

$144k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,135

Downpayment

20%

$28,700

Closing costs

1%

$1,435

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,379

Total Expenses

$1,724

Mortgage P&I

33%

$783

Property Taxes

3%

$81

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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