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$3,688 (target)

167 Green Meadows Dr, Forest City, NC 28043

3 beds • 2 baths • 2389 sqft

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This property looks like a bad Mid-Term investment with a projected -7.62% first-year return on $134k initial cash invested.

-7.62%

Cash On Cash

4.51%

Cap Rate

0.75

DSCR

$3,688

Rent

-$850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,688 income − $4,538 expenses = $850 out of pocket

Income$3,688Out of Pocket$850Mortgage P&I$2,77375%Property Taxes$3098%Insurance$2005%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%

Investment Breakdown

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Purchase Price

$551k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,513

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,688

Total Expenses

$4,538

Mortgage P&I

75%

$2,773

Property Taxes

8%

$309

Home Insurance

5%

$200

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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